Publication at Faculty of Law |
2019
Abstract
In connection with the significant development of the corporate bond market and co-investment in "minifonds", the definition of public in the financial market is becoming crucial. The article aims to analyze the concept of public in the light of current legislation, the interpretation of the Czech National Bank and market practice.
In this context, the following lines will seek answers to questions relating both to the definition of the public as the addressee of the offer of transferable securities and to the persons from whom the investments are collected or to whom investments are offered in the area of joint investment.