High Council Refuses to Accept SEO Chief's Resignation

The Capital Market High Council, the highest decision-making body, on Monday rejected the resignation of Majid Eshqi, head of the Security and Exchange Organization (SEO).
In a statement published by SENA news agency, the council voiced its full support for Eshqi in his efforts to address shareholder concerns and remove the hurdles hampering the market for more than two years.
Local media outlets reported on the resignation of SEO chief. The government's decision not to incorporate SEO-proposed measures in the 2022-23 draft   budget was said to be the main reason Eshqi decided to quit.