SEO Deposits $80 Million With Stock Market Stabilization Fund

The Securities and Exchange Organization, invested 18.4 trillion rials ($79.8 million) in the Capital Market Stabilization Fund (CMSF) in the second half of previous fiscal year (Sept 2020-March 2021).
According to Mostafa Beheshti, the SEO deputy chief, the deposit was from the regulator’s income from trading fees and interest on its bank deposits.
“The articles of association of the stabilization fund allows the SEO to invest part of its income in the fund,” he was quoted as saying by the Securities and Exchange News Agency.