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Investment intermediary institute in the context of Capital Market Law and market practice

Publication at Faculty of Mathematics and Physics, Faculty of Law |
2014

Abstract

This paper is devoted to the analysis of investment intermediary status both in the Capital Market Law and the market practice. It explains the importance of this institute in the distribution and provision of investment services and defines the institute through its conceptual characteristics.

The article also concerns some of the problematic aspects associated with the conceptual definition and activities of the investment intermediary. Particularly highlighted are the inadequate education requirements imposed on the person of the investment intermediary.

In conclusion, the author presents his proposals de lege ferenda, which are eligible to contribute to an increase of the standard in the area of provision of investment services in the Czech Republic.