FEDERAL LAW OF THE RUSSIAN FEDERATION

of March 5, 1999 No. 46-FZ

About protection of the rights and legitimate interests of investors in the security market

Accepted by the State Duma on February 12, 1999

Approved by the Federation Council on February 18, 1999

Article 1. Purposes of this Federal Law

The purposes of this Federal Law are ensuring the state and public protection of the rights and legitimate interests of physical persons and legal entities which investment object are including issued securities (further - investors), establishment of the restrictions connected with investment attraction of physical persons, and also determination of payment procedure of compensations and provision of other forms of compensation of damage to investors - to physical persons, caused by illegal actions of issuers and other members of the security market (further - professional participants) in the security market.

Article 2. Scope of this Federal Law

1. Are established by this Federal Law:

conditions of provision by professional participants of services to the investors who are not professional participants;

the restrictions connected with investment attraction of physical persons;

additional requirements to the professional participants providing services to investors in the security market;

additional terms of placement of issued securities among unrestricted circle of investors in the security market;

additional measures for protection of the rights and legitimate interests of investors in the security market and responsibility of issuers and other persons for violation of these rights and interests.

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