MOSCOW (Prime-Tass) -- A bill on financial derivatives
is expected to be submitted to the State Duma for consideration in October,
Igor Artemyev, deputy
chairman of the Duma's credit organizations and financial markets committee,
told reporters Thursday.
"We want the bill to be passed in all three readings by spring
2004," Artemyev
said.
Viktor Pleskachevsky, property committee chairman and co-author of the
bill, said the first version of the bill was drafted in November and partially
approved by the government in March. The bill sets out the legal basis
for the regulation of financial derivatives on the stock market.
See also:
Banking
and Finance
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