HOSE, a State owned legal entity, has a private seal and a private account and runs as a limited company with functions and duties as follows:
I. The Hochiminh Stock Exchange shall have major rights as follows:
1. Promulgate regulations on listing, trading, information disclosure and trading members after approved by the State Securities Commission;
2. Organize, regulate and operate securities trading activities;
3. Interrupt, suspend or cancel securities trading activities under the Securities Trading Regulation;
4. Approve or cancel listing; inspect and supervise the maintenance of the listing conditions of the listed firms;
5. Approve or cancel trading membership; inspect and supervise securities trading activities of members on the exchange;
6. Inspect and supervise the information disclosure of the listed firms and trading members on the exchange;
7. Supply market information and others related to listing stocks;
8. Adjust the conflicts related to securities trading activities at the members’ requests;
II. The Hochiminh Stock Exchange shall have major duties as follows:
1. Guarantee that securities trading activities are made public, fairly, lawfully and effectively;
2. Comply with statistical standards, financial obligations, accounting and auditing principles by the laws;
3. Disclose information on securities trading activities, the listed firms on the exchange, brokerages, fund management companies, securities investment funds or companies, and supervisory information;
4. Supply information and co-ordinate the State’s organizations, which have authority to investigate and prevent violations of the Securities Law;
5. Co-ordinate to popularize knowledge of securities and securities market;
