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Professional participants of the securities market

Term meaning Professional participants of the securities market

legal entities, including credit institutions, as well as citizens (individuals) registered as entrepreneurs who carry out the following activities: brokerage activities, dealer activities, securities management activities, activities to determine mutual obligations (clearing), depositary activities, activities to maintain a register of securities holders, activities on the organization of trading in the securities market. All types of professional activities in the securities market are carried out on the basis of a special permit - a license issued by the Federal Commission for the Securities Market or its authorized bodies on the basis of a general license. The authorities that issued the licenses control the activities of the P.u.r.c.b. and make a decision to revoke the issued license in case of violation of the legislation of the Russian Federation on securities. Activity P.eq.c.6. is licensed by three types of licenses: a license of a professional participant in the securities market, a license to carry out activities for maintaining a register, a stock exchange license. Credit organizations carry out professional activities in the securities market in accordance with the procedure established by the above-mentioned law for P.u.r.c.6. Activity P.eq.c.6. regulated by the Law of the Russian Federation "On the Securities Market" dated April 22, 1996 No.

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