12 July 2011, 16:38
The bill (Reg. No. 8297) protects advertising consumers, strengthens responsibility of the advertisers, producers, and advertising distributors for observance of the law on advertising in the securities market, which will foster trust of the potential domestic and foreign investors to the securities market of Ukraine.
By the subject of legal regulation, the bill belongs to the sphere of consumer rights regulated by Directive 2006/114/EC of the European Parliament and of the Council concerning misleading and comparative advertising.
The committee concluded that the bill conforms to the European law.