Churkin O. Stock exchange sale and purchase contracts legal regulation.

The dissertation deals with complex analysis of legal nature of sale and purchase securities contracts concluded at the stock exchange, and also with working out recommendations on this kind of civil contracts normative regulation improvement. The author carried out a theoretical analysis of legal relations which arise from sale and purchase securities contracts concluded at the stock exchange, investigated the legal nature of sale and purchase securities exchange contracts, determined the list of securities which refer to sale and purchase exchange contracts, investigated the basic stages of exchange contracts conclusion. The stock exchange legal status is investigated and it is offered to establish it as a non-entrepreneur society. It is defined sale and purchase securities exchange contract. It is stated that at the stock exchange there can be concluded sale and purchase contracts (deliveries) but it is impossible to exchange goods. It is stressed that only legal persons, representatives of stock exchange employees may work as brokers and dealers. The author determines what securities can be the subject of sale and purchase exchange contracts. He also determines terms which make shares circulation at the stock exchange possible.