Details of the development plan of the stock exchange monitoring system – Tejaratnews
According to Tejarat News, Amir Mehdi Sabaei, director of stock market supervision of the Securities and Exchange Organization, referred to the set of regulations governing transactions in the capital market and the crimes and violations of the market in three categories; The crimes of tampering, confidential information and other violations were separated.
He referred to Article 46 of the Market Law of the Islamic Republic of Iran and Article 7 of the Brokers’ Disciplinary Guidelines and added: manipulation offenses include system-oriented, information-oriented, and action-oriented, and confidential information includes trading and publishing disclosure information. Also, other violations include unlicensed actions, quotas, market management, and algorithms.
The director of stock market supervision of the Securities and Exchange Organization stated that last year the guidelines for identifying and reporting confidential information holders were approved. Of course, our approach in the field of preventive supervision is preventive and we will not allow the continuation and escalation of violations.
He clarified: Supervisory warnings regarding manipulation or confidential information include providing a warning as soon as the violation begins, preventing the continuation and completion of the violation, and taking appropriate disciplinary measures.
Development of stock exchange monitoring system with Bursaban plan
The director of stock market supervision of the Stock Exchange and Securities Organization pointed out some measures and programs of the stock market supervision management and said: Development of the stock market monitoring system under the title of Bursarban project, development of a smart system for automatic sending of monitoring warnings, grading of violations based on their severity, periodic publication Supervisory measures, control and coordination of supervisory measures on stock exchanges, intensifying dealing with criminal activities, development of education and culture in the field of crimes and violations, clear determination and method of cases of manipulation, holding meetings with market participants and publishing the names of violators are among the measures and programs. .
Source: Tasnim