The bill (Reg. No. 2072) suggests refine state regulation of securities market by development of the bond market and creating conditions for efficient protection of the rights of corporate bonds owners. It is also stipulated to establish mechanism of securities public distribution only on stock exchanges; of simplifying personal placement of shares; of improving accountability of private joint stock companies, etc.
Amendments shall be made to the Law “On Securities and Stock Market”, which is supplemented with articles 82 and 83. Moreover, amendments shall be made to the Law “On Joint Stock Companies”.
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