Issuer may, by definition, a legal person, the local authority, the executive body (having the right to issue securities and taking responsibility for them before their owners for the implementation of the rights attached to them).By issuing securities for loans, issuers may become public and business entities.They may be a natural person (as an individual entrepreneur) issue debt bonds.Thus, the issuer - is quite a volume concept.If you formulate short - is a subject, issues securities to fulfill the obligations on them and being a resident of the Russian Federation.
largest issuer - the state.He is represented by the Ministry of Finance.Securities issued by it are considered the most break-even, as it will always carry on them obligations.The risk of investing money is minimal, the yield is high, they have the absolute liquidity.That is why the securities are created by the state, occupy a leading position in the stock market in Russia.
Securities liquidity released republican and municipal authorities, as well as non-State actors, enjoying the support of the state.
The stock market securities - goods, the issuer - is the seller.One of these items are shares.They produce large of.In forming the joint-stock company can issue shares with a par value of ten thousand.The price of them all the time varies, so you can not truthfully say (about the majority of the shares), which is a safe investment.Most in demand shares of major industrial organizations.Such as Gazprom.Their exchange rate is stable, not subject to critical fluctuations.
Banks issue not only shares but also savings certificates, promissory notes and certificates of deposit.The Central Bank is engaged in production of banknotes (a kind of credit securities).As a rule, the majority of banking securities not participate in trading on the stock market.
The list of issuers includes management companies of mutual funds (mutual funds), but they do not occupy a significant place in the market of securities trading.Perhaps in time the situation will change.
Number of securities issued by the Issuer is limited.It determines the RF Law "On the issue of securities."Every organization that produces emissions, is obliged to submit a report to the Federal Service for Financial Markets of Russia (FSFM).It consists in a certain form.The report contains the issuer's register of securities holders, data on the subject and its supervisory bodies.Information on the registry are served once a year (until February 15).
information about the subject, issue securities (and his audience), are provided in the form of Federal Financial Markets Service of the quarterly report.The report is published in the media, to get acquainted with it all the shareholders.The quarterly report of the issuer is regulated by Regulation on information disclosure by issuers of securities.
As you can see, the issuer is not only the subject of dealing with the issue of securities, but also the person responsible not only to their owners, but also to the state.
