REGULATORY AND LEGAL SUPPORT OF ACTIVITIES ON THE SECURITIES MARKET IN UKRAINE

The article examines the regulatory and legal support of the securities market in Ukraine. Proposals for legislative regulation of the functioning and powers of the National Commission on Securities and Stock Market, as well as the relationship between government and non-government entities in the securities market. Emphasis is placed on the need to establish international cooperation of the National Commission on Securities and Stock Market in the context of harmonization of Ukrainian legislation on market regulation with international standards. The shortcomings of regulatory and legal regulation of the securities market in Ukraine are highlighted. The article emphasizes that the improvement of the legal framework should begin with a clear delineation and delineation of the powers of the main state regulator of the securities market – the National Commission on Securities and Stock Market. The article emphasizes the importance of mutually agreed public and state regulation. It is necessary to expand the financial independence of the National Commission on Securities and Stock Market, because for several years in a row the regulator's budget includes only labor costs and overheads. There is also an opinion that the situation when professional participants of the RCP as well as small and very small enterprises are subject to equally simplified requirements is not a correct phenomenon. At the same time, all issuers of the securities market should be subject to the same requirements regarding the transparency and veracity of financial reporting and financial audit. Increased attention should be paid to the legislation on the securities issue prospectus and separate the process of approving the issue prospectus from the process of registration of securities issues. The law should ensure the disclosure of relevant information in prospectuses, oblige issuers to provide a financial report on their current status, a transparent management report with an analysis of the issuer's activities for the entire period of its development. Proposals were made to improve the legal norms related to the prospectus of securities issue, disclosure of information, etc.