Need to Protect Retail Shareholders Gains Traction

The need for protecting retail shareholders in the stock market has resurfaced following successive drops in the market in recent days. 
In recent years there have been talks about introducing insurance cover for retail shareholders, but Majid Qasemi, a member of Iranian Insurers Syndicate says offering risk cover in the stock market would be beyond their capability.
"We cannot presume that a single insurance company is capable of handling risks pertaining to retail shares. A consortium of insurance companies needs to be formed for covering risks in the stock market," IRNA quoted him as saying.