The Israel Securities Authority (ISA) is Israel's securities regulator. Its Chairman since 2002 is Moshe Tery. Securities are tradeable interests representing financial value. ... For album titles with the same name, see 2002 (album). ...

Establishment

The ISA was established pursuant to the Securities Law, 5728-1968.

Mandate

Its mandate is to protect the interests of the public investing in securities, as stipulated in the Law. Pursuant to this mandate, the Authority covers, among others, the following areas: Securities are tradeable interests representing financial value. ...

• Granting permits to publish prospectuses, which enable corporations offer securities to the public.

• Regulating and supervising the mutual fund industry.

• Monitoring disclosure through the periodic reports that each company must file after issuing securities to the public through a prospectus, as long as the securities are held by the public.

• Monitoring tender offers.

• Ensuring fair and orderly trade of securities exchanges operating in Israel.

At this time, Israel's sole exchange is the Tel Aviv Stock Exchange. The Authority reviews proposals to amend the stock exchanges' bylaws and recommends their adoption to the Minister of Finance and to the Knesset Finance Committee. It also approves the stock exchange’s directives and rules, and amendments to them. In addition, the Authority is engaged in the supervision of trade on the exchange, and in addressing inquiries by the public pertaining to the exchange’s operations. A prospectus is a legal document that institutions and businesses use to describe what they have to offer for participants and buyers. ... A mutual fund is a form of collective investment that pools money from many investors and invests their money in stocks, bonds, short-term money market instruments, and/or other securities. ... Tender offer is a term typically used in corporate finance to mean a public, open offer by an entity to buy stock from the existing stockholders of a publicly traded corporation under specific terms in effect for a specific period. ... A securities exchange provides a market for buying and selling financial securities. ... Logo The Tel Aviv Stock Exchange (TASE), in Tel Aviv, is Israels only stock exchange. ... A bylaw (sometimes also seen as by-law or Byelaw) was originally the Viking town law in the Danelaw. ... The modern Knesset building, Israels parliament, in Jerusalem Though similar-sounding, Beit Knesset (בית כנסת) literally means House of Assembly, and refers to a synagogue. ...

External links

• ISA website
• ISA bid for IOSCO Conference, on Youtube