954.1 Lescha federala dals 15 da zercladur 2018 davart ils instituts da finanzas (Lescha davart ils instituts da finanzas, LIFin)
954.1 Federal Act of 15 June 2018 on Financial Institutions (Financial Institutions Act, FinIA)
Art. 12 Purschida publica da valurs mobigliaras sin il martgà primar
Tgi ch’è principalmain activ en il sectur da finanzas, dastga pratitgar las suandantas activitads mo, sch’el ha ina permissiun sco chasa da vaglias tenor questa lescha u sco banca tenor la LB11:
- a.
- surpigliar a titel professiunal valurs mobigliaras che vegnan emessas da terzas persunas e porscher talas publicamain sin il martgà primar;
- b.
- crear a titel professiunal derivats en furma da valurs mobigliaras e porscher talas publicamain sin il martgà primar.
Art. 12 Public offer of securities on the primary market
Persons operating primarily in the financial sector may perform the following activities only if they have authorisation as a securities firm as defined in this Act or as a bank in accordance with the BankA11:
- a.
- underwriting securities issued by third parties and offering these to the public on a primary market on a commercial basis;
- b.
- creating derivatives in the form of securities and offering these to the public on the primary market on a commercial basis.
Il presente documento non è una pubblicazione ufficiale. Fa unicamente fede la pubblicazione della Cancelleria federale. Ordinanza sulle pubblicazioni ufficiali, OPubl.
This document is not an official publication. Only the publication of the Federal Chancellery is legally binding.