The Securities and Exchange Organization, invested 18.4 trillion rials ($79.8 million) within the Capital Market Stabilization Fund (CMSF) within the second half of earlier fiscal yr (Sept 2020-March 2021).
According to Mostafa Beheshti, the SEO deputy chief, the deposit was from the regulator’s revenue from buying and selling charges and curiosity on its financial institution deposits.
“The articles of affiliation of the stabilization fund permits the SEO to speculate a part of its revenue within the fund,” he was quoted as saying by the Securities and Exchange News Agency.
SEO Deposits $80 Million With Stock Market Stabilization Fund
