in the State Duma in the third reading adopted a bill on restrictions for inexperienced investors. It prohibits banks and brokers to offer complicated financial products with unqualified investors, transfers Interfax.
Without the passage of special tests, investors will not be able to buy advanced financial instruments that the Central Bank considers unsuitable for inexperienced people. For example, eternal bonds of foreign issuers, foreign subordinities, structural bonds of foreign issuers, as well as out-of-the-counter derivatives of financial instruments, fall, for example.
To buy more complex products than stocks, bonds, OFZ, it will be necessary to pass testing: it was transferred to October 1, 2021. Complex structural products Unqualified investor will not be able to buy up until April 1, 2022.
On the need to protect the money of novice players on the stock exchange, Russian President Vladimir Putin said. He noted that on the background of reducing deposit rates, other forms of investments are becoming popular, in particular the purchase of securities. “And this is to define more risky than bank deposits. It is necessary to protect the interests of people who invest their money into the securities market, but at the same time are not professional investors,” the president said.
Act about the categorization of investors, according to which the latter are divided into qualified and unqualified, accepted in the summer of 2020. On it, retail investors will be tested from their brokers. Some tools will be unable, for example, shares of foreign companies included in the calculation of at least one foreign stock index from the list of regulator.