Countering market manipulation in the system of ensuring the economic security of the stock market

DOI: 10.33917/mic-4.99.2021.94-103

Representatives of various objects of the country’s economy participate in the system of ensuring the economic security of the stock market. First of all, these are the control bodies of the exchanges – the organizers of trades, where dubious transactions are revealed. Specialists of the Department of Counteraction to Unfair Practices of the Central Bank of the Russian Federation carry out checks on the revealed violations and make a decision on bringing the culprit to administrative responsibility or transferring the materials of the check to law enforcement agencies according to their jurisdiction. Among unfair practices, the most common speculative phenomenon is market manipulation, the public danger of which is to cause significant harm to the interests of citizens and legal entities, society and the economy as a whole, undermining the confidence of investors and trading participants in organized financial and commodity markets, worsening conditions for investment and trade in them, hindering their effective development and strengthening international competitiveness.

On the essence of market manipulation

DOI: 10.33917/mic-2.91.2020.88-97

Since the strengthening of fluctuations in the world commodity and financial markets and the exposure of the financial system of the Russian Federation to global risks has identified a place among the main challenges and threats to the security of the domestic economic system, the article provides an overview of various scientific points of view regarding such a speculative phenomenon as market manipulation. Clarification of the nature of manipulation as a complex process that requires a systematic approach to elucidating the essence of the phenomenon should contribute to the administrative and criminal prosecution of manipulators.

Formation of the Common EAEU Market of Oil and Oil products: the Basis of the Union Stability Island in a Stormy World Ocean of Global Speculations

#5-6. Five Scenarios for a Century
Formation of the Common EAEU Market of Oil and Oil products: the Basis of the Union Stability Island in a Stormy World Ocean of Global Speculations

Prices slump in the world oil markets in the second half of 2014 significantly damaged Russian economy. It became clear that something should be done. The article formulates the main directions and organizational model of forming the system of the EAEU oil and oil products markets. In fact, given the importance of budget revenues and corporate income from the crude oil and oil products sales (including relationship with the national currency exchange rate), it is a question of ensuring national security of our friendly countries through the joint regulation of the union oil markets by the states — the EAEU members. The EAEU system of oil and oil products markets (in the short term, the common EAEU market of oil and oil products) — is not only a mechanism of a certain commodities turnover management, but also a tool supporting the national currency exchange rate, the volume of gold and currency reserves, social programs realization and, therefore, a guarantee of their sustainability development.