Gov't Intervention in Share Prices Censured 

The managing director of the Securities and Exchange Organization, Hassan Ghalibaf-Asl, has again asked government bodies to stop intervention in pricing products of listed companies. 
Ghalibaf-Asl pointed to the government decision to “set a ceiling and a floor "for goods listed at the Iran Mercantile Exchange, saying that such rules are at odds with market mechanisms in which supply and demand rule. 
Market observers say while policy and decision makers ostensibly take such measures to curb price gauging of steel in the domestic market and support end consumers, in essence such moves have the opposite effect filling the coffers of avaricious middlemen and intensify rent-seeking.