The amendments are made to the Procedure of licensing of the types of professional activity on the security market
In accordance
with
the Order of the Federal Service of Securities Markets of Russia
N 07-87/pz-n of August 9, 2007 (document is in Russian),
a competitor for license has the right to give documents to
one of self-regulating institutions for receiving of appeal
of self-regulating institution on issue of license. At availability
of such appeal, documents may be directed to licensing body
of issuing the appeal self-regulating institution. Besides,
availability of such appeal reduces in two times (from 30 till
15 days) the term of consideration of documents and making decisions
on issue of license or on refusal in it issue by licensing body.