Legal regulation of the securities market in Russia

In our country, the regulating of securities in the market is dealt with both by companies that participate in the stock market, and government agencies. Today, the number of acts of the regulatory plan regulating the redemption, issue and conduct of the Central Bank's auctions on the whole territory of Russia has been adopted . The main task of government agencies involved in regulating the market of the Central Bank is to create equal conditions for all investors and ensure a safe conduct of transactions with securities trading floors in Russia.

In the government bodies of the RF, the central role of the CBR regulation is exercised through the supervision of the issue of securities created on the basis of the requirements established by legislation, as well as licensing the professional activities of those who participate in the markets.

Legal regulation of the securities market in our country is carried out on the basis of federal laws adopted over 15 years ago. Today it can be seen that the legislative base has undergone significant adjustments. However, the main principle embodied in most legislative acts is strict supervision of the activity of the CB market.

The main objective of the legal regulation of the Central Bank is the openness of issuers, due to which investors can get a clear picture of the activities of those companies by the owners of the Central Bank, which they intend to become.

Prevent forgery on the part of the issuer is not always possible, therefore, it is very difficult for state bodies to prevent the deception of investors. At the moment, there are three main functions by which it is possible to carry out legal regulation of securities on the Russian market.

The first function is the registration of analysts and brokers who deal directly with the Central Bank's trade, and also provide advice.

The second function is to ensure publicity. The issuer, planning to withdraw securities to the market, undertakes to publish reliable and complete information about its activities.

Legal regulation of the securities market in the third case is the rule of law in the securities market and its maintenance. To this end, the supervisory bodies periodically arrange inspections of those companies that repeatedly commit violations while working in the securities market. In such cases, they may be excluded from cooperation with issuers and investors.

In our state, the main supervisory authority working with organizations that work in the securities market is the Federal Commission. The priority function, which is the coordination of the activities of the organization and the development of its direction, the establishment of generally binding conditions for both parties to transactions, and the procedure for their implementation, as well as licensing the activities of companies that carry out transactions with the Central Bank.

Legal regulation of the securities market will not happen yet without one important function: the taxation of participants in the transaction. Due to this, it is possible to regulate market activity.

The state regulation of the securities market in Russia is controlled by the Federal Commission for the Securities Market. It creates and controls the rules for the conduct of bond issues or shares of various commercial institutions, and, of course, controls the activities of those who participate in the securities market on the trading floors of our country.

Another body that takes part in controlling the turnover of the Central Bank in the Russian Federation is the Federal Service regulating financial markets, as well as dealing with securing the rights of those who hold securities. In addition, marketplaces that deal with licensing of broker organizations that have the right to participate in bidding are involved in market regulation. However, such a company may lose the right to conduct transactions in the Russian markets in cases where the rules of placement, sale or purchase of securities are violated.

Today, most of the participants in the bidding of the Central Bank consider the current legislation, which carries out legal regulation of the securities market, imperfect, i.e. Not living reality. In their opinion, it requires a thorough revision. But, on the other hand, due to strict control of various bodies, the Russian market has stabilized in recent years, as most investors show increasing interest in securities.