FEAS Yearbook FEAS Yearbook 2010 | Page 176

ANNUAL REPORT JUNE 2010 FEDERATION OF EURO-ASIAN STOCK EXCHANGES SECURITIES AND EXCHANGE BROKERS ASSOCIATION OF IRAN (SEBA) Hossein Khezli Kharazi General Secretary AFFILIATE MEMBER The Securities and Exchange Brokers Association was registered in April 2007, and subsequently received its operation license from the Securities and Exchange Organization. History and Development Main Activities Outlook 2010 The Securities and Exchange Brokers Association was registered in April 2007, and subsequently received its operation license from the Securities and Exchange Organization. 1. Proposing regulations, and admitting, suspending, as well as annulling memberships. 2. Monitoring members' performances and assessing their activities. 3. Evaluating members' business announcements, in order to prevent any defective and fraudulent information dissemination. 4. Ratification of professional and disciplinary codes and standards for SEBA's members. 5. Helping brokers, dealers and market makers' reconcile their disputes. 6. Facilitating the development of the constant systematic and technical training for the members to increase knowledge and service quality. 7. Performing research studies and publishing magazines and books on the same topics. 8. Holding conferences and training courses for the members and public. 1. Pursuing the bank credits taskforce meetings to fund the brokerage industry. 2. Ongoing monitoring of the brokerage firms' operational risks and designing risk-reduction strategies. 3. Holding at least two virtual courses and maintaining the common training courses. 4. Upholding the professional work groups' studies and activities for brokers rating, issuing certificates, trade and post-trade solutions, commodities Exchange and export ring development, absorbing foreign investment, and raising professional ethical codes. 5. Boosting SEBA's relations with international capital markets' entities, as well as news and information broadcasting agencies. 6. Providing a comprehensive insurance package for the Iranian brokerage industry. 7. Attaching with social responsibilities activities and commitments. SEBA's organizational chart includes general assembly, association's council, executive committee and auditor/inspector. The association is a non-governmental, not for profit entity, which represents Tehran Stock Exchange's members. Objectives 1. Assisting the development of a fair, competitive and effective marketplace for securities trading in Iran. 2. Raising SEBA members' credibility among investors. 3. Increasing members' technical knowledge. 4. Improving services and adjusting members' interrelations. * Please refer to page 148 for the Iran country report. CONTACT INFORMATION Contact Name Mr. Amir Yousefianpour E-mail [email protected] Website www.seba.ir Address Second floor, # 17, Sibouyeh intersection, Shahid Qandi street, Sohrevardi avenue, Tehran Phone 0098 21 88524145-6 Fax 0098 21 88525988 PAGE 172