The paper explores conceptual principles, salient features of financial markets as objects of the state regulatory impact; systematizes alternative interpretations of state regulatory determinants and their influence on the functional and segmental structure of modern financial markets. An organic interrelation and intended interaction of market objectivities, state and inter-state regulators can be achieved only subject to inclusion of modern financial markets into the general national and global financial and economic priorities. Thus, the regulatory imperatives of modern financial markets are divided into three types: state, inter-state, and purely market-oriented. It has been proved that in contemporary circumstances the state exerts an increasingly significant influence on financial markets not as an outside regulator but as an immediate participant thereof, i.e. an organic element of the financial relations system. As a rule, a higher level of economic dynamics is characterized by an optimized level of the state regulatory imperatives in this process. Therefore, regulatory imperatives of modern financial markets must be actively used in the system of analytical and conceptual framework of financial relations. It is time to fundamentally change the monetary and hence the loan policy - first of all, through the widening of internal monetary offer sources. The state monetary policy should be based on the understanding that own monetary emission is a powerful and affordable tool whose effect significantly exceeds the benefits that a country allegedly receives in the foreign loans market. The thesis also provides a scientific definition of the notion of state regulatory imperatives, describes their role in the activation of modern financial markets, and offers a new solution to the theoretical and practical problem - regulatory impacts on the civilizational transformation of financial markets as the primary basis for the formation of so-called "financial (weightless) economy", which strengthens its positions globally as a civilizational phenomenon of the XXI century. The national financial architecture is visibly deformed by the latest derivative financial instruments. For example, securitization became an actively utilized financial instrument in quite a wide field of financial and economic transactions and agreements. The purpose of emergence of such financial instrument as securitization is to involve into the market turnover the assets whose market prices have not yet been set thus ensuring their artificial liquidity in such conditions. Having lost its relation to the basic assets, securitized liquidity has turned into a purely profiteering financial instrument. It has also been proved that a permanent growth of the financial profiteering capital in national economy is a coherent process, on the one hand, due to the pressure from international financial organizations, and on the other - due to inactivity on the part of state regulatory institutions. The thesis offers additional measures to "unshadow" financial relations by ensuring transparency of the national financial policy at the international level based on the recommendations of international financial regulatory institutions. We proceeded from the assumption that real counteraction to the present and overly widespread shadow market (agreements, deals, transactions) should follow this model: first, one should introduce (for a certain period) an amnesty program for the shadow capital of non-criminal origin aimed at innovative modernization of socially important spheres of the national economy; second, there is a need for legislative provisions on the inevitable prolongation of stricter terms and forms of liability in the event of continued concealment of incomes and attempts to secretly export capital from Ukraine; third, financial incomes of criminal origin received as a result of corporate raiding, financial greenmail, unfair competition, illegal takeover etc. have to be resolutely discovered. This thesis identifies civilizational prospects of national financial markets on the basis of development of an information and network system whose contents, structure and application practices will be implicitly approved as a planetary creative product.
