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TSE Uses Systems for Monitoring Violations, Issuing Warnings

TSE Uses Systems for Monitoring Violations, Issuing Warnings
TSE Uses Systems for Monitoring Violations, Issuing Warnings

A comprehensive database of violations that occur in the stock market has been established in Tehran Stock Exchange and is available on a daily and weekly bases, according to TSE’s supervisory manager.
“Tehran Stock Exchange is using Aramis, Nahan, Sanjesh and Bidar regulatory systems, each of which has its own advantages,” Mohammad Reza Shah-Nazari was also quoted as saying by Ebinews.ir.
In order to protect the interests of minority shareholders and ensure market stability, these systems issue regulatory warnings.
Referring to Article 35 of Tehran Stock Exchange’s Law on Investigating Individual Violations and Article 46 of the Law on Market Manipulation that deals with violators at a ceremony marking the first anniversary of Sanjesh system’s launch, the official said about 5,000 surveillance warnings were issued by this system last year.

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