State regulation of securities market - ordering it authorized state bodies, participants and take place between the two operations.Participants may be: issuers, investors, professional stock brokers.
general market regulation is internal and external.Domestic regulation is carried out by the organization's own regulations (statutes, regulations and other regulating activities of the organization).
external regulation arises under the influence of government regulations and normative documents of other organizations, international agreements.
State regulation of the securities market is carried out in all the activities and operations taking place on it: investments, of equity, speculative, mediation, trust, mortgage, etc.
state is:
- the issuer, the issuance of government securities;
- investor in the event of a large portfolio of shares of industrial enterprises;
- a professional participant in the privatization auction in the trading of shares;
- regulator through legislation;
- the supreme arbiter in disputes of market participants through the courts.
The system of state regulation of the market include: regulations and authorities of the State to regulate and control.
State regulation of the securities market may be in the form of administration.This establishes mandatory requirements to participants, made the registration of securities and market participants, the licensing of professional activity, ensure transparency and equal awareness of the participants, the rule of law.
State regulation of the securities market may be indirect, through economic levers, through taxation, monetary policy, public ownership and capital.The structure of the regulatory bodies of the securities has not yet been developed.
State regulation of the currency market - the activities of government agencies to establish rules for the treatment of currency values.
These include foreign currency, ie banknotes of foreign countries in the form of treasury bills, bank notes, coins and cash in the accounts of banks, securities in foreign currency.
In order to regulate the foreign exchange market, the state carries out currency control, which refers to the activities of government agencies, in order to ensure compliance with the currency legislation by residents and nonresidents.
state regulates the exchange rate, which may be direct or indirect.In the first case, the tools are: discount policy, control of foreign exchange, foreign exchange interventions and limitations.In the second: the discount rate, the monetary emission and others. By manipulating the value of the exchange rate devaluation and revaluation of use.Devaluation - the depreciation of the national currency.The revaluation - on the contrary it is the appreciation of the national currency.Revaluation - a method of stabilizing inflation after domestic currency.
State regulation of the money market.
state in the money market, by regulations, sets the rules binding on all its members, monitors their activities.The state is an agent of the financial markets, a participant in market operations through the adoption of decisions affecting the market situation, regulates the supply and demand of money.The state produces regulation by means of monetary policy.
