Briefing on SEO Performance

The managing director of the Securities and Exchange Organization on Saturday briefed reporters on measures taken by the regulator in the outgoing calendar year. 
Majid Eshqi said the organization strived to end monopolies and ease issuing permits to set up financial institutions, such as brokerages and investment funds.  
 No new brokerage company was allowed in the past 12 years. This year [ends March 20], nine new applicants got the agreement in principle to operate and one received the final permit to set up a brokerage firm,  he was quoted as saying by the SEO News Agency.