Armenia acquainted with world experience on prevention of equity market manipulations

PanARMENIAN.Net - The ninth sitting of the Council of Heads of State Agencies regulating equity markets of CIS member states started in Yerevan . Since 2008 the Council is headed by the president of the Central Bank of Armenia Artur Javadyan.



As press office of the Central Bank reports, issues of equity markets of CIS countries, as well as necessary measures aimed at moderating the negative impact of the world financial crisis are discussed during the two-day sitting.



Participants will present a comparative analysis of legislations of CIS member-states related to regulation of collective investments. Besides, world experience on prevention of equity market manipulations and illegal usage of insider information are discussed.



Council of Heads of State Agencies regulating equity markets of CIS member states

was established by governments of CIS countries in 2003. Currently Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyz, Moldavia, Russia, Tajikistan and Ukraine are represented in the Council. The main task of the Council is economical integration of securities equity markets of CIS member states, protection of investors, and creation of effective system of control over equity markets.