Mikhail Ratinov


Russia works hard to create a capitalistic system. Although only established in 1991, Russia's securities market has already attracted a large number of foreign investors. The American financier George Soros has already invested US $1 billion in the Russian economy. Although experts agree that its potential is enormous, the newborn Russian capital market contains a significant amount of risk. This Essay shows the basic features of the development of the Russian Securities Law, analyzes the present market conditions, and shares some ideas for the near future.