Dealing with OTC? – Trade News

According to Tejarat News, a press conference was held today by the head of the stock exchange organization.

Majid Eshghi, the head of the stock exchange organization, in response to a question from Tejarat News that the OTC market has launched an advertising campaign on its Instagram page to buy shares in Esteghlal and Persepolis. Does the stock exchange deal with the OTC? He said: the stock exchange and OTC are not allowed to advertise any stock. If the OTC has made a recommendation to buy magpies, it will definitely be dealt with.

The head of the stock exchange organization continued: brokerage companies and financial institutions are allowed to advertise stocks. But the elements of the capital market, like the OTC market, can not recommend buying or not buying stocks.

He emphasized: the stock exchange organization does not recommend buying or not buying private shares in any way.

Eshghi concluded: “Our approach is to discuss the transparency and transmission of information that a company exists, not advertising.”

The public relations of the stock exchange organization also emphasized that the OTC market did not advertise and all the advertisements were from a private organization.