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Shareholding companies shy away from the stock market for failing to comply with standards


k98nights
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Shareholding companies shy away from the stock market for failing to comply with standards

01/17/2013

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BAGHDAD / JD / .. revealed the annual report of the stock market for the weak response of corporations to participate in the trading of financial, for its unwillingness to comply with the standards of disclosure required and control.

, said the report, obtained by / JD /: that the market is suffering from the weak response of companies Almsahh in participation process trading Allarrorac financial, attributing this to the unwillingness of those companies to comply with the standards of disclosure required and control by the market to follow the shareholders' equity.

The report said: Annually invited formally twice to departments shareholding companies not included, especially in the banking sector and the telecommunications sector, but the response is weak .

The report indicated that the market continues equity through trades organized to enable investors to know the value of their investment in the shares of those companies.

called market securities in his public bodies to these companies and sectoral non-work requirements listing through 2013.

noteworthy that the headquarters of the market for securities In Baghdad, founded in June 2004, operates under the supervision of the Securities Commission of Iraq, and is an independent body set up like the American Securities and Exchange Commission. / end / 11 N /

http://www.dananernews.com/News_Details.php?ID=2690

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Baghdad no one wants to put their money in a place where you either die or the government is so corrupt that your funds are not secure. Who holds the keys to the fund security? Right now in limbo. Until the turkey is taken out and Shabibi put back in, it's not an investor happy house.

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Baghdad no one wants to put their money in a place where you either die or the government is so corrupt that your funds are not secure. Who holds the keys to the fund security? Right now in limbo. Until the turkey is taken out and Shabibi put back in, it's not an investor happy house.

ha-ha -ha----so true---nicely said-----+1 for you my friend

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