of September 29, 1998 No. 36
About restriction for combination of professional types of activity in the security market
According to article 19 of the Law of the Kyrgyz Republic "About the security market" the National commission on the security market in case of the President of the Kyrgyz Republic decides:
Determine that:
- activities for maintaining the register of owners of securities, activities for the organization of the securities trading in the curb market and activities of investment fund are exclusive types and do not allow combination with other types of professional activity in the security market;
- depository activity cannot be combined with other types of activity in the security market, except for clearing activities;
- the stock exchange having the license for the right of conducting activities for the organization of trade in the security market cannot combine activities for the organization of trade with other types of activity on securities, except for depository and clearing activity.
Chairman A. Sultanov
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