A memorandum of understanding was signed between the Securities and Exchange Organization and the judiciary’s Social And Crime Prevention Department to minimize abuse and misdemeanors in Iran’s rapidly growing capital market.
It was signed by the newly appointed SEO’s chief Hassan Qalibaf-Asl and Mohammad Baqer Olfat, head of the SCPD late Tuesday, Securities and Exchange News Agency reported.
The MoU’s focus on identifying corruption loopholes in the bourse, improving transparency and raising investors’ awareness about the possible misdeeds, like insider information and price manipulation.
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