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Federal Decrees

The Federal Acts set the conditions for the establishment and operation of stock exchanges as well as for professional securities trading.

Description Download
Federal Act on Stock Exchanges and Securities Trading (Stock Exchange Act, SESTA)
Ordinance on Stock Exchanges and Securities Trading (Stock Exchange Ordinance, SESTO)
FINMAOrdinance on Stock Exchanges and Securities Trading (Stock Exchange Ordinance FINMA, SESTO-FINMA)
Ordinance of the Takeover Board on Public Tender Offers (Takeover Ordinance, O-TV)