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Stocks Stabilization Fund to Support 4.5m Retail Investors

Stocks Stabilization Fund to Support 4.5m Retail Investors
Stocks Stabilization Fund to Support 4.5m Retail Investors

The Securities and Exchange Organization plans to tap the Capital Market Stabilization Fund to support retail investors. 
According to Mohsen Khodabakhsh, SEO's deputy for supervision on exchanges, the plan will cover t 4.5 million retail investors who entered Iran's stock market during the current fiscal year that started in March 2020.
Retail investors whose value of share portfolio is below 100 million rials will be eligible from the supportive plan, Securities and Exchange News Agency reported.  

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