Securities commission annuls PFTS license, decision takes effect in a month – source

09:36, 07.10.2015 1 min read

The National Commission on Securities and the Stock Market has decided to revoke PJSC PFTS Stock Exchange's license for professional activity on the stock market, specifically the organization of trading on the stock market.

An informed source told Interfax-Ukraine that the decision will take effect in a month.

According to him, the reason for revoking the license is "a lack of confidence" in Ukrainian investors, who applied for the redemption of the stock exchange shares owned by Moscow Exchange (Russia).

The securities commission also considered the issue of licensing PJSC Ukrainian Exchange (Kyiv). According to the source, the regulator decided to return to the issue in a month.