Source Pravda.Ru

Anti-Monopoly Ministry's decree on forward deals found illegal

The Federal Arbitration Court of the Moscow region refused to satisfy acassation of the Anti-Monopoly Ministry and thus approved the decision ofthe Moscow Arbitration Court that earlier had found the Ministry's decreeconcerning the procedure of making forward deals as illegal, the FederalArbitration Court of the Moscow region reported to RBC.As it was reported earlier, on April 27, 2001 the Russian FederalCommission for the Securities Market issued a decree that stipulated theprocedure of making forward deals on the securities market. The decree wasbased on the assumption that the Federal Commission for the SecuritiesMarket should regulate deals with securities, the Central Bank should be incharge of currency contracts and the Anti-Monopoly Ministry of forwardsdeals on products. At the same time the Anti-Monopoly Ministry insisted onthe single agency (a committee on commodity exchanges) that could regulateall forward contracts. On September 27, 2001 the Anti-Monopoly Ministryissued a decree that canceled the previous decision of the FederalCommission for the Securities Market. As a result the Commission appealedto the court. .

Comments
North Korea has something bigger than nuclear bomb
Russia unveils the date for the launch of the superbridge to Crimea
Pentagon can not accept Russia's victory over terrorists in Syria
Putin: Russian servicemen return home from Syria as victors
Russian athletes announce their decision about 2018 Winter Olympic Games
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Why did Donald Trump recognise Jerusalem as the capital of Israel?
European Court of Human Rights: Promoting filth and insolence
European Court of Human Rights: Promoting filth and insolence
European Court of Human Rights: Promoting filth and insolence
Russia to install laser navigation system on the Moon
Projects of Nizhny Novgorod automotive industry receive financial support worth 1 billion rubles
Russian general says allegations of his involvement in MH17 crash are stupid
Russian general says allegations of his involvement in MH17 crash are stupid
Italy: Free fall
Human Rights Day: Let us hang our heads in shame
Italy: Free fall
Italy: Free fall