TYPES OF ADMINISTRATIVE AND LEGAL INSTRUMENTS FOR FUNCTIONING OF STOCK EXCHANGES IN UKRAINE

Анотація

The purpose of the article is to characterise the types of administrative and legal instruments for the functioning of stock exchanges in Ukraine.Results.It is established that most of the administrative services provided by the National Securities and Stock Market Commission are free of charge and are provided within a specially established period (30 days).In general, the administrative services that are directly related to Ukrainian stock exchanges include: issuance, replacement or cancellation of title documents of stock market participants; issuance of duplicate documents related to stock exchange activities; approval of statutory documents in the manner prescribed by law; admission of securities to circulation in Ukraine (for foreign participants); approval of personnel decisions of stock market participants.Administrative and information services in the field of stock exchanges in Ukraine are special types of public services related to stock exchange activities and are provided by specialised information agencies and the National Securities and Stock Market Commission to stock market participants for the purpose of legitimate stock exchange activities, self-regulation of the professional activities of stock market participants, obtaining and dissemination of information about stock exchanges and general legal framework for the operation of stock exchanges.Conclusions.It is concluded that the main entity providing administrative and information services in the sphere of functioning of stock exchanges is the National Securities and Stock Market Commission as a power-regulatory entity of public administration, which ensures administrative and coordination relations of stock market participants, and news agencies as special public administrators.The administrative and legal instruments for the functioning of stock exchanges in Ukraine is a set, provided for by law, of legal and organisational forms, measures and methods of implementing administrative and regulatory framework for stock exchanges which is interdependently formed into a single effective mechanism to ensure optimal organisation and progressive functioning of stock exchanges.

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