Friday, 03 December 2021 04:57 GMT

Iran underlines new strategies, programs for country’s stock market

(MENAFN) According to Mehr News Agency, head of Iran’s Securities and Exchange Organization (SEO) Majid Eshqi underlined new strategies and programs for the country’s stock market in his period.

Eshqi further declared that “The Securities and Exchange Organization will formulate, implement and monitor its policies and programs including supporting investors, creating a transparent, efficient and equitable market, and reducing inclusive risk based on the market’s broad objectives.”

“The first strategy is to use modern mechanisms to increase public monitoring of the entities offering shares in the market; the second strategy will be to develop regulatory tools in a preventive manner and in line with market development,” the official added, citing the SEO’s seven main strategies in the new management.

The third strategy is to alter the market’s rules and regulations to raise justice and accountability, as the fourth strategy is going to be supporting the medium- and small-scale level financing through new mechanisms.

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