THE MINISTRY OF FINANCE
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness
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No: 55/2004/QD-BTC
Hanoi, June 17, 2004
 
DECISION
PROMULGATING THE REGULATION ON ORGANIZATION AND OPERATION OF SECURITIES COMPANIES
THE FINANCE MINISTER
Pursuant to the Government's Decree No. 144/2003/ND-CP of November 28, 2003 on securities and securities market;
Pursuant to the Government's Decree No. 77/2003/ND-CP of July 1, 2003 defining the functions, tasks, powers and organizational structure of the Finance Ministry;
At the proposal of the Chairman of the State Securities Commission,
DECIDES:
Article 1.- To promulgate together with this Decision the Regulation on organization and operation of securities companies.
Article 2.- This Decision takes effect 15 days after its publication in the Official Gazette.
Article 3.- The Chairman of the State Securities Commission, securities companies and involved parties shall have to implement this Decision.
 

 

 
FOR THE MINISTER OF FINANCE
VICE MINISTER




Le Thi Bang Tam
 
REGULATION
ON ORGANIZATION AND OPERATION OF SECURITIES COMPANIES
(Promulgated together with the Finance Minister's Decision No. 55/2004/QD-BTC of June 17, 2004)
Chapter I
GENERAL PROVISIONS
Article 1.- Scope of application
This Regulation prescribes the organization and operation of securities companies established in the territory of the Socialist Republic of Vietnam.
Article 2.- Interpretation of terms
In this Regulation, the terms and phrases below shall be construed as follows:
Securities companies mean joint-stock companies and limited liability companies established under the Vietnamese law to trade in securities according to their securities business licenses granted by the State Securities Commission.
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