Leneva, I.G. Protection of investors rights: problems in the Russian Federation.

Abstract: In Russia 40 million people lost their savings in the bank system and various financial “pyramids” between 1991 and 1998. This article continues I.G. Leneva’s study of the problem of protection of investor’s rights, contains more detailed analysis of the guarantees provided to an investor in Russia, of the laws on banking and investments, as well as of the problem of subsidiary responsibility of the state or the Central Bank of the Russian Federation to an investor (a physical person).