ARMENIA ACQUAINTED WITH WORLD EXPERIENCE ON PREVENTION OF EQUITY MARKET MANIPULATIONS
/PanARMENIAN.Net/
19.05.2009 21:59 GMT+04:00
/PanARMENIAN.Net/ The ninth sitting of the Council of Heads of State
Agencies regulating equity markets of CIS member states started in
Yerevan . Since 2008 the Council is headed by the president of the
Central Bank of Armenia Artur Javadyan.
As press office of the Central Bank reports, issues of equity markets
of CIS countries, as well as necessary measures aimed at moderating
the negative impact of the world financial crisis are discussed during
the two-day sitting.
Participants will present a comparative analysis of legislations of CIS
member-states related to regulation of collective investments. Besides,
world experience on prevention of equity market manipulations and
illegal usage of insider information are discussed.
Council of Heads of State Agencies regulating equity markets of CIS
member states was established by governments of CIS countries in
2003. Currently Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyz,
Moldavia, Russia, Tajikistan and Ukraine are represented in the
Council. The main task of the Council is economical integration
of securities equity markets of CIS member states, protection of
investors, and creation of effective system of control over equity
markets.