Zeinab Fallah, head of SEO’s Legal Advisors and Regulation Development
Center, said the draft reforms were prepared under Article 7 of the Securities
Market Law and Article 30 of the Law on Continuous Improvement of the Business
Environment, with input from experts across the capital markets.
Industry professionals, market participants, and the public have until
Oct. 5 to submit feedback via the SEO’s regulatory portal, the report said.