Börsegesetz

The Börsegesetz, or Stock Exchange Act, is a fundamental piece of legislation governing the operation of stock exchanges within a specific jurisdiction, often Austria. Its primary purpose is to ensure the transparency, fairness, and efficiency of the securities market. This law establishes the legal framework for the organization and supervision of stock exchanges, defining the rights and responsibilities of market participants, including issuers, brokers, and investors.

Key provisions within the Börsegesetz typically address aspects such as the admission of securities for trading, the conduct of trading operations, and the disclosure requirements for listed companies. It also outlines the powers of regulatory bodies responsible for overseeing the stock exchange and enforcing compliance with the law. The act aims to protect investors by preventing market manipulation, insider trading, and other fraudulent activities. Furthermore, it promotes market integrity by setting standards for corporate governance and financial reporting. Amendments to the Börsegesetz are periodically introduced to adapt to evolving market practices and international regulatory standards.