Kologoida O. Theoretical Issues of the Economic Relations Regulation in the Ukrainian Stock Market.

The thesis studies the basic definitions of the stock market concept as a vertically and horizontally integrated system of stock business relations. The place of the stock market in the financial and economic system of the state is highlighted. The purpose of the study is to create the conditions for attractive investment, liquidity, transparency to the Ukrainian stock market to be integrated into the world and European one. Based on the balance of private and public interests the thesis researches the model (concept) of the Ukrainian stock market state regulation. The historical context of the Ukrainian stock market formation and development is presented. The concept and features of the stock legal relations as a type of business relations is highlighted. The system of rules governing the stock legal relations and their place in the system of Ukrainian law is studied. The legal regime of securities as a special object of stock relationships is defined. The legal status of the stock economic relations participants is studied. The legal basis for the state regulation and self-regulation of the stock business relations is reviewed. Their legal forms, means and methods are studied. Legal regulation is highlighted within the system of the stock market regulatory resources. It includes the legal means of the state regulation, self-regulation tools and means of the intra-corporate regulation. The state control as a legal form of the stock market regulation is looked at through the concept, views and system of the control means. The general and special tools of the stock market relations state regulation are studied. Those include: the licensing of the stock market professional activity; state registration; means related to liquidation of the stock market participants; permission procedure; the requirements for securities and their issuing; requirements for the issuers; requirements, criteria, and standards of the stock market professional activity and securities transactions; disclosure requirements for the stock market participants, self-regulatory organizations; providing of investment, tax free and other privileges to the stock market participants; regulation of prices and tariffs; certification of the stock market experts and setting up the requirements for managers and chief accountants of professional stock market participants; the design and maintenance of the stock market information database; monitoring of the investments movement in Ukraine and abroad through the stock market; use of economic and legal sanctions due to the stock market activity offenses.