Regulation regarding the “Prevention of the securities market abuse” has been approved by the FRC meeting dated on the 25th of March, 2015.
Along with the approval of the Regulation, FRC shall be possible to precisely regulate the prohibition of the activities of participation in the trade using the insider information and market abuse which are reflected in the 78th and 80th provisions of the Securities market law as well as the shares and securities prices shall be based on the liberal, fair demand and supply.
The formulation of the Regulation has specifically reflected the methods and forms of the 28th Principle approved by the IOSCO “Investigating and suspending the use of the market abuse and unfair trading methods”.
Source: www.frc.mn