The Novaran Amin Data Processing Company (NADPCO) has been approved by the Securities and Exchange Organization (SEO) as the 11th consulting company to operate at Iran’s capital market, SENA reported. Given the license, the NADPCO can legally collaborate with listed companies as their investment adviser for the next 5 years. Consulting firms must register with the SEO in order to be paid for giving advice about investing in securities.
