Federal Financial Markets Service says priority work on the law on countering market manipulation and the use of insider information, the head of department Vladimir Milovidov during a working meeting with President Vladimir Putin.
“Among the priority concern of the laws and those who care about today, perhaps the most important is the law to combat market manipulation and the use of insider information,” - said Vladimir Milovidov. “It is an innovative law. We have such regulation has never been in this respect, we differ from other developed countries where such laws have been around for decades,” this law, I associate the main priority for 2010 “- he stressed.
According to him, now - “literally in those days” - in preparation for the second reading of the law in the State Duma.
The absence of this law in Russia is hampered by her “with much more reason to make themselves known in international financial markets, as difficult a dialogue with international colleagues, international regulators,” - considers the head of Federal Financial Markets Service.
Another priority topic for the Federal Financial Markets Service of Russia is the infrastructure of the financial market. Now in the State Duma are three laws: “The Clearing”, “On exchanges and an auction, on the central depository, which must be finalized for the second reading. “I hope that, once adopted a package, they will ensure the efficient exchange infrastructure, which will create the foundation for us to have the right to speak about the world financial center in Russia”, - said Vladimir Milovidov. officials and businessmen will try to heal the planet …
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