ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of August 26, 2011 No. 519

About approval of the Regulations on professional activity of brokers and dealers in the security market of the Kyrgyz Republic

According to the laws of the Kyrgyz Republic "About regulatory legal acts of the Kyrgyz Republic" and "About the security market" the Government of the Kyrgyz Republic decides:

1. Approve the enclosed Regulations on professional activity of brokers and dealers in the security market of the Kyrgyz Republic.

2. This Resolution becomes effective since January 1, 2011.

3. Publish this Resolution in official mass media.

Approved by the Order of the Government of the Kyrgyz Republic of August 26, 2011 No. 519

Regulations on professional activity of brokers and dealers in the security market of the Kyrgyz Republic

1. General provisions

1. This Provision according to the Law of the Kyrgyz Republic "About the security market" establishes the main requirements and conditions of implementation by brokers and dealers of securities of the professional activity in the Kyrgyz Republic.

2. According to the Law of the Kyrgyz Republic "About the security market" professional activity of brokers and dealers of the security market is subject to obligatory licensing.

3. All relations arising between the broker and (or) the dealer, and the client are regulated by the legislation of the Kyrgyz Republic, this Provision and the agreement signed between the broker on the one hand and (or) the dealer and the client on the other hand.

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