Open AccessThe Legal Nature of Membership in a Self-Regulated Organization in the Financial Market Sphere
Author(s) -
Oksana S. Struzhinskaya
Publication year - 2021
Publication title -
graždanskoe pravo
Language(s) - English
Resource type - Journals
ISSN - 2070-2140
DOI - 10.18572/2070-2140-2021-1-32-35
Subject(s) - legislation , business , element (criminal law) , financial market , set (abstract data type) , law and economics , accounting , public relations , finance , political science , law , economics , computer science , programming language
The article considers the legal characteristics of membership in a self-regulating organization in the financial market. Attention is drawn to the need to distinguish, first, the relations between a self-regulating organization in the financial market and its members, which are characterized as corporate with a complicated public element, and, second, the relations between a self-regulating organization and its associate members, which do not have a full set of corporate rights and obligations, and whose legal status is determined by the named organization. The article proves the need to improve the current Russian legislation on the legal status of members and associate members of self-regulating organizations in the financial market.