خدابخش

Portfolio managers and capital market participants in general must obtain the necessary licenses from the SEO to provide specialized and investment services to investors.

Tehran, 01.Jan (SENA) - According to the Securities Market Act of the Islamic Republic of Iran, all investment advisors, portfolio managers and capital market participants in general must obtain the necessary licenses from the SEO to provide specialized and investment services to investors. Therefore, their professional and financial background and qualifications are observed and perused by the SEO beforehand.

Mass communication networks including social networking are one way, among others, to circulate and disseminate capital market relevant information, more often mis-information, to incite investors to mis-buy or mis-sell. These types of advisory services, which do not meet the SEO requirements, are considered criminal offenses and subject to penalties.

The SEO advises fresh investors, who do not have the proper financial literacy, to invest indirectly. Direct investment requires consultation only with the SEO licensed and qualified members and institutions. The complete list of the licensed advisory companies is available on https://cfi.codal.ir.

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