meisam seied h...

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meisam seied hoseini

Positive Review

October 15, 2016

Reviewed on Oct 15, 2016

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Securities & Exchange Organization of Iran (SEO) as a publicly owned, non-governmental entity is the main regulatory body of Iran securities market pursuant to Securities Market Act of 2005. It is governed by a non-partisan five-member board of directors and the CEO is appointed by the Minister of Economic Affairs and Finance.According to article 5 of the Securities Market Act, SEO is established as an independent legal and financial entity. This organization is funded by transaction commissions, listing fees of companies and securities on exchanges, and other sources of revenue. Board of Directors consists of 5 non-partisan members elected upon Chairman of SEO recommendation and the Council’s approval. These members are trusted and renowned financial professionals from non-governmental sectors. The SEO is responsible for enforcing capital market laws and direct supervision and regulation on financial entities, exchanges and other corroborative bodies. SEO employs over 269 people.

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