Document Type : Original Article
Authors
1
Assistant Professor, Department of Financial management, Central Tehran Branch, Islamic Azad University, Tehran, Iran
2
Graduated from Master's, Department of Criminal law and criminology, Lahijan Branch, Islamic Azad University, Lahijan, Iran.
Abstract
The establishment of the stock exchange in each region represents a stage of economic growth and development and one of the important factors to achieve the goals of macroeconomics. The stock exchange is the most important pillar of capital distribution in the economy of developing and developed countries, on the one hand with Collecting savings has created a safe environment for investment, and economic units say that by attracting this capital, they can improve the economic structure, increase income and national and regional production, expand employment, reduce inflation, and improve social and individual well-being. provide and help economic development by increasing efficiency on the one hand, and on the other hand, provide the means to increase the wealth of investors in this field. Economic development requires that all economic sectors, through aligned and coordinated planning and appropriate mechanism provided the basis for the optimal allocation of resources. Therefore, the quality of activity of the commodity exchange market can play a significant role in achieving this goal. Therefore, the rules governing the formation of stock exchange transactions have special conditions, which the author seeks to analyze and review these conditions. In this way, it can be said that stock exchange transactions are one of the ceremonial contracts, for which, in addition to the general conditions of correctness of the transactions, Article 190 of the Civil Code has been stated, the specific conditions and formalities of the stock market must also be observed. Also, stock exchange transactions are governed by principles such as the principle of competition, the principle of information transparency, the principle of prohibition of the use of confidential information and the principle of supervision. Compliance with these formalities and principles is to the extent that Clause 2 of Article 1 of the Stock Exchange Transaction Regulations stipulates this; "Each transaction is confirmed if it is approved by the stock exchange.
Keywords