Head of State signs Law on stock market trading and entrepreneurship

The Head of State, Kassym-Jomart Tokayev, signed the Law of the Republic of Kazakhstan on introduction of changes and additions to some legislative acts of the Republic of Kazakhstan regarding stock market trading and entrepreneurship, Akorda reports.

The text of the Law is to be published in the press.

Earlier, the Law was on the table at the expanded meeting of the Committee on economic policy, innovative development and entrepreneurship of the Senate. The document is aimed at bettering the legislation in the field of stock market trading and the investment climate, providing for changes to protect investors’ rights, expand state control over commodity exchanges and establish a register of investors.

This September, the Majilis deputies approved the draft law on stock market trading in the first reading during its plenary session.

Earlier it was informed that Kazakhstan’s stock market capitalization hit KZT32tln.