RUSSIA: NEW DISCLOSURE RULES FOR SHARE ISSUES.(Brief Article) IPR Strategic Business Information Database | October 14, 2003 | COPYRIGHT 2003 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

The Federal Securities Commission (FKTsB) has released new rules obligating companies that issue stock to disclose information about themselves to news agencies, in print, and on the Internet. The resolution on disclosure appeared in the official "Rossiiskaya gazeta" on 2 October; it goes into effect on 13 October. FKTsB head Igor Kostikov explained that the measure is aimed at combating insider trading, Interfax reported on 2 October. "This regulation creates equal conditions for market participants to receive information, which will significantly reduce the possibility of ...

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