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One certificate of desire of the state to interfere with activity of citizens. At
It the aspiration to the control so is strong that practically are not accepted in
Attention of a reason about a possible damage, simplicity and consistency of rules
Etc. On visible, it would be more reasonable to refuse idea of licensing
Activity of the organisations under securities as exclusive. In the present
Time the market is yet enough developed to limit a sphere
Businessmen this or that sphere. An operational experience of the big investment companies
Shows that in the near future job on a securities market is by no means
Not the most favourable kind of investment activity. On this background deprivation
Licences of the companies receiving the basic income not from operations with the valuable
Papers, it can appear pernicious.
As it is sad, in acts till now has not appeared even
The definition of a security adapted for the present. Already repeatedly
Senselessness of use of "paper" terminology was marked on
The present stage of functioning of the market. Alas, till now from the most different lips
It is possible to hear speeches that "simple citizens wish to feel a paper with
Gold sawn-off shotgun and it protection degrees ". Meanwhile activity practice
Large emitters already has proved to put it mildly discrepancy to true of it
Among really idle norms it is necessary to mention the restrictions demanding
Full distribution of an authorised capital stock among founders for a moment
Society establishments. In the conditions of almost nonsaturated market this requirement
It will be perceived as an annoying hindrance and emitters, and investors. Probably,
It is necessary to resolve an open subscription at the moment of society establishment, having put
Only one restriction: payment by founders of the share of an authorised capital stock
Is an indispensable condition of registration of release of securities.
Shareholders of a society. At an interdiction operating already more year for actions on
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