The Majlis is reviewing a proposal to set up a union for safeguarding the interest of retail investors in the stock market, a deputy speaker of the parliament said.
“The ‘individual shareholders association’ would be created to allow retail investors in the bourse to have a say in decision-making”, Amir-Hossein Ghazizadeh was quoted as saying by IRNA.
Apart from partaking in regulatory decisions, the union could be tasked with improving the financial literacy of individual traders.
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