Mandatory Pricing Harming Automakers, SEO Head Says

The managing director of Securities and Exchange Organization in a letter asked the economy minister to reconsider mandatory prices for the auto sector.
Mohammad Ali Dehqan-Dehnavi said imposing prices by the government puts millions of investors in harm way and urged those in charge to eliminate the policy.
“In terms of market capitalization, the auto and part-making companies are among the top seven industries in the bourse and mandatory pricing is to the detriment of millions of retail investors,” he was quoted as saying by the Securities and Exchange News Agency.