FEAS Yearbook FEAS Yearbook 2019 | Page 97

Federation of Euro-Asian Stock Exchanges

Securities & Exchange Brokers Association

Seyed Rouhollah Mirsanei

Secretary General of SEBA

About SEBA

> The ISEBA was established on 6 October 2007;

> It is a self-regulatory organization for brokers in IRAN;

> Regulates relationships between members of the association with each other and with affiliated members;

> Currently, there are 108 brokerage firms, 43 Market makers , 3 Investment Consultant firms and 3 portfolio Management firms in IRAN which are members of SEBA;

> All of these brokerage firms should become a member of SEBA at first.

Objectives

> Assisting to create a fair, competitive and efficient securities market to obtain investors' trust.

> Increasing members and affiliate staff of members' prestige before investors.

> Regulating the affairs and promoting the professions that our members are occupied with.

> Upgrading affiliate staff of members' professional knowledge.

> Regulating relations between our members with each other or with their staff.

> Performing the duties that SEBA is supposed to do according to the law.

Departments

Training Department

This sector plans and performs training courses according to demands the knowledge of members, affiliated members and others in capital market.

Members department

ISEBA Members affairs section has the duty of preparing report related to the brokerage industry, trading statistics, affiliate information, Supervising members and members affiliated with, monthly magazine and etc…

Mediation committee

This committee considers all disputes arising from association members' professional activities with each other or third parties.

InfoTech Department

Financial department

Administrative department

Legal Department

Public relations department

Activities

Ordaining and performing professional and disciplinary criteria and standards for members within

the law.

 Compromising in disputes between brokers, traders' brokers, market makers and other affiliate staff of members for performing article 36th of law within the provisions.

 Regulating communications between members and affiliate staff of members within the provisions to perform the content of the 5th clause of the 1st article of law.

 Assisting on preparation and codification laws, provisions and regulations relevant to members

and Securities Exchanges;

 Offering change of wages ceiling and the price of provided services of members to SEO.

 Preparing necessary facilities for developing systematic, professional and continuous training to affiliate staff of members and in order to improve their knowledge and the quality of provided services;

Established: 2007

Chairman of the Board: Mr.Hamidreza Danesh Kazemi

Secretary General: Mr. Seyed Rouhollah Mirsanei

Address: No32, DelAfrooz alley, 6th street, Vozara Street, Tehran, Iran.

Contact Name: Ms. Sara Heidari

Email: [email protected]

Website: www.seba.ir

About Securities & Exchange Brokers Association

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Yearbook 2019