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New Plan to Bolster Gov’t ETFs

The SEO’s action plan pivots around three proposals decided by its directors. But to be put into effect it must be approved by the High Council of Securities and Exchange, Iran’s top capital market policymaking body
New Plan to Bolster Gov’t ETFs
New Plan to Bolster Gov’t ETFs

The Securities and Exchange Organization said it seek to improve trade in the two government-controlled exchange-traded funds.
The government-affiliated ETFs were listed in capital market in 2020 and hold stocks in some giant state-run refineries and banks.  
The funds were launched in line with the government’s program to divest stakes to the public under privatization plans and secure funds for its budget deficits.

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