OREANDA-NEWS. May 25, 2009. As informed previously, by the decision of Kazakhstan Stock Exchange (KASE) Council of March 26, 2009 was approved KASE internal document "Regulations on Supervisory Department" (Regulations), reported the press-centre of KASE.

Regulations were approved by the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS) on May 20, 2009 and were given effect from May 21, 2009.

Regulations were developed in compliance with:

- the Law of the Republic of Kazakhstan "On Securities Market" of July 2, 2003;

- the Law of the Republic of Kazakhstan "On Retirement Security in the Republic of Kazakhstan" of June 20, 1997;

- the Law of the Republic of Kazakhstan "On Investment Funds" of June 7, 2004;

- Rules of Trades Organizer Structural Division Operation, Supervising Deals Made in Trades Organizer Trading System, approved by AFS Board resolution # 195 of November 28, 2008;

- Rules of Deals Recognition, Made on Informal Securities Market for Manipulation, and Forming and Operation of the Exchange Committee on Deals Recognition, Made for Manipulation, and its Members Number, approved by AFS Board resolution # 196 of November 28, 2008, and define main objectives, functions, responsibility and order of KASE Supervisory Department.