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.