Given the torrent of new investors in the bourse in a relatively short period, the regulator has stepped up efforts to make indirect investment in the market attractive for investors lacking financial literacy.
Meisam Fadaee, the Securities and Exchange Organization’s deputy for supervisory affairs, outlined some of the measures to convince neophyte investors to entrust their savings with asset managers and investment funds.
Diversifying investment funds, easing access via online trade platforms and cutting red tape and bureaucracy are among the measures.
“The Securities and Exchange Organization has eased cumbersome rules and doing all it can to improve the efficiency of investment funds,” Fadaee was quoted as saying by the SEO News Agency.
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