natgillin/translations-raw huggingface dataset:
As regards effective supervision, the Securities Act of 1933 (‘The Securities Act’) and the Exchange Act constitute the main pieces of the primary legislation which establishes a legally enforceable regime for the trading of securities in the USA.
Kar zadeva učinkovit nadzor, sta glavna dela primarne zakonodaje, s katero se vzpostavlja pravno izvršljiva ureditev za trgovanje z vrednostnimi papirji v ZDA, zakon o vrednostnih papirjih iz leta 1933 (v nadaljnjem besedilu: zakon o vrednostnih papirjih) in zakon o borzi.
The Exchange Act empowers the SEC with broad authority over all aspects of the securities industry, including the power to register, regulate, and oversee broker-dealers, including ATSs, transfer agents, and clearing agencies as well as the U.S. SROs which include securities exchanges and FINRA.
Zakon o borzi daje komisiji SEC široko pristojnost v zvezi z vsemi vidiki sektorja vrednostnih papirjev, vključno s pooblastilom za registracijo, urejanje in nadziranje borznih posrednikov, tudi AST, oseb, pristojnih za prenos, in klirinških agencij, ter SRO v ZDA, med katere spadajo borze vrednostnih papirjev in organ FINRA.
The Exchange Act also identifies and prohibits certain types of conduct in the markets and provides the SEC with disciplinary powers over regulated entities and persons associated with them.
Zakon o borzi tudi opredeljuje in prepoveduje določene vrste ravnanj na trgih ter komisiji SEC zagotavlja disciplinska pooblastila nad reguliranimi subjekti in osebami, povezanimi z njimi.
The Exchange Act also empowers the SEC to require periodic reporting of information by companies with publicly traded securities.
Poleg tega komisijo SEC pooblašča, da od družb z vrednostnimi papirji, s katerimi se javno trguje, zahteva, naj redno sporočajo informacije.
Self-regulation of market intermediaries through a system of SROs is one of the core elements of the U.S regulatory framework.
Eden od bistvenih elementov regulativnega okvira ZDA je samourejanje posrednikov na trgu prek sistema SRO.
Under the U.S. framework, SROs, as regulators, are primarily responsible for establishing the rules under which their members conduct business and for monitoring the ways their members conduct business.
V skladu z okvirom ZDA so SRO kot regulatorji predvsem odgovorni za določitev pravil, po katerih njihovi člani poslujejo, in za spremljanje načinov, na katere ti poslujejo.
In the case of non-compliance of members with ATS rules, ATS in their capacity as SROs are required to address any potential violations of the market's rules or the federal securities laws by its members.
Če člani ne ravnajo skladno s pravili AST, mora AST kot SRO obravnavati vsako morebitno kršitev pravil trga ali zveznih zakonov o vrednostnih papirjih, ki jo storijo njegovi člani.
The Exchange Act requires all registered NSEs to be able to enforce compliance by their members and persons associated with their members with the provisions of the Exchange Act, the rules and regulations thereunder, and their own rules.
Z zakonom o borzi se od vseh registriranih NBVP zahteva, da morajo biti zmožne zagotavljati skladnost svojih članov in oseb, povezanih z njimi, z določbami iz tega zakona, s pravili in predpisi po tem zakonu ter z lastnimi pravili.
As part of their ongoing supervision of NSEs, the SEC evaluates each exchange's ability to survey their members and their trading activities.
Komisija SEC v okviru stalnega nadzora NBVP ocenjuje zmožnost vsake borze, da nadzoruje svoje člane in njihove dejavnosti trgovanja.
It is also incumbent on a NSE to address any potential violations of the market's rules or the federal securities laws by its members and report such potential violations to the SEC.
NBVP mora prav tako obvezno obravnavati vsako morebitno kršitev pravil trga ali zveznih zakonov o vrednostnih papirjih, ki jo storijo njeni člani, in o njej poročati komisiji SEC.
As part of its duty to enforce compliance by their members, each NSE is responsible for investigating and disciplining any breaches of the Exchange Act, the rules and regulations thereunder.
Vsaka NBVP je v okviru svoje naloge, da zagotavlja skladnost svojih članov, odgovorna za preiskovanje morebitnih kršitev zakona o borzi in pravil in predpisov po tem zakonu ter sprejetje disciplinskih ukrepov.
The SEC may also, in its discretion, investigate and prosecute any violations of the Exchange Act and the rules thereunder.
Komisija SEC lahko po lastni presoji prav tako preiskuje in preganja vse kršitve zakona o borzi in pravil po tem zakonu.
FINRA, a SRO for broker-dealers including ATSs, is required to enforce compliance by its members, including ATSs, with the provisions of the Exchange Act, the rules and regulations thereunder, and their own rules.
Organ FINRA, ki je SRO za borzne posrednike, vključno z AST, mora zagotavljati skladnost svojih članov, vključno z AST, z določbami iz zakona o borzi, s pravili in predpisi po tem zakonu ter z lastnimi pravili.
The SRO rules are also subject to SEC review.
Poleg tega komisija SEC pregleda pravila SRO.
If the SEC finds that an SRO has failed, without reasonable justification or excuse, to enforce compliance with any such provision by a member or person associated with a member, it has powers to impose sanctions against the SRO under Section 19(h) of the Exchange Act.
Če ugotovi, da SRO ni uspel zagotoviti skladnosti člana ali osebe, povezane z njim, s katero koli tako določbo, ne da bi pri tem navedel primerno utemeljitev ali opravičilo, ima pooblastila, da SRO naloži sankcije v skladu z oddelkom 19(h) zakona o borzi.
Pursuant to Section 21 of the Exchange Act, the SEC may investigate violations and seek sanctions against SRO members that violate an SRO rule.
Komisija SEC lahko v skladu z oddelkom 21 zakona o borzi preiskuje kršitve in zahteva sankcije zoper člane SRO, ki kršijo pravilo SRO.
As part of their ongoing supervision of SROs, the SEC evaluates the ability of each NSE and FINRA to supervise their members and their trading activities.
V okviru stalnega nadzora SRO komisija SEC ocenjuje zmožnost vsake NBVP in organa FINRA, da nadzoruje svoje člane in njihove dejavnosti trgovanja.
NSEs and ATSs are required to inform SEC of any rule changes.
NBVP in AST morajo komisiji SEC sporočiti vsako spremembo pravil.
As regards effective enforcement, the SEC has broad authority to investigate actual or potential violations of the federal securities laws, including the Exchange Act and the rules thereunder.
Komisija SEC ima, kar zadeva učinkovito izvrševanje, široko pristojnost za preiskovanje dejanskih ali morebitnih kršitev zveznih zakonov o vrednostnih papirjih, vključno z zakonom o borzi in pravilih po tem zakonu.
The SEC can obtain records from regulated entities pursuant to its supervisory powers.
V skladu s svojimi nadzornimi pooblastili lahko od reguliranih subjektov pridobi evidence.
Moreover, under its subpoena authority, the SEC can compel the production of documents or testimony from any person or entity anywhere within the United States.
Poleg tega lahko v skladu s svojo pristojnostjo za izdajo sodnih pozivov katero koli osebo ali subjekt kjer koli v ZDA prisili k predložitvi dokumentov ali pričanju.
The SEC has authority to take enforcement actions by commencing civil actions in federal district court or instituting administrative proceedings before an SEC administrative law judge for violations of the federal securities laws, including insider trading and market manipulation.
Komisija SEC ima pristojnost za sprejem izvršilnih ukrepov, tako da pri zveznem okrožnem sodišču vloži civilno tožbo ali pred upravnim sodnikom SEC začne upravni postopek zaradi kršitev zveznih zakonov o vrednostnih papirjih, vključno s trgovanjem z notranjimi informacijami in tržno manipulacijo.
In civil actions, the SEC may seek disgorgement of ill-gotten gains, pre-judgment interest, civil money penalties, injunctions, an order prohibiting one from serving as an officer or director of a public company or from participating in an offering of penny stock, as well as other ancillary relief (such as an accounting from a defendant).
V civilnih tožbah lahko komisija SEC zahteva povrnitev nezakonito pridobljenega dobička, obresti za obdobje do izdaje sodbe, civilne denarne kazni, prepovedi, odredbo, ki osebi prepoveduje, da bi bila zaposlena kot uradnik ali direktor javne družbe ali da bi sodelovala pri ponujanju visoko špekulativnih delnic, ter druge dodatne ukrepe (kot je upoštevanje dobičkov toženca).
In administrative actions, sanctions may include censures, limitations on activities, civil penalties in addition to disgorgement of ill-gotten gains or bars as to individuals, or revocation of the registration of an entity.
Pri upravnih ukrepih lahko sankcije vključujejo graje, omejitve dejavnosti, civilne kazni poleg plačila nezakonito pridobljenega dobička ali prepovedi v zvezi s posamezniki ali preklic registracije subjekta.
The SEC has powers to bring an enforcement action against an SRO (e.g., a NSE or FINRA) for failure to act or adequately perform required functions.
Komisija SEC ima pooblastila, da zaradi opustitve ukrepanja ali neustreznega opravljanja zahtevanih nalog izvede izvršilni ukrep proti SRO (npr. NBVP ali organu FINRA).
The SEC also has authority to investigate and take disciplinary or other enforcement actions against an ATS for infringements of the U.S. federal securities laws.
Prav tako ima pooblastila, da zaradi kršitev zveznih zakonov ZDA o vrednostnih papirjih preiskuje ter sprejme disciplinske ali druge izvršilne ukrepe proti AST.
Moreover, the SEC is authorised to coordinate its enforcement actions with domestic and international counterparts.
Pooblaščena je tudi, da svoje izvršilne ukrepe usklajuje z ustreznimi domačimi in mednarodnimi organi.
For example, the SEC may refer a matter to the U.S. Department of Justice for criminal prosecution or to other criminal or regulatory bodies for action at any point during an inquiry or investigation.
Kadar koli med preiskavo lahko zadevo na primer predloži Ministrstvu za pravosodje ZDA za kazenski pregon ali drugemu kazenskemu ali regulativnemu organu, pristojnemu za ukrepanje.
In addition, the SEC has authority to share non-public information in its possession with domestic and international counterparts.
Poleg tega je pooblaščena, da si z ustreznimi domačimi in mednarodnimi organi izmenjuje nejavne informacije, ki jih ima.
It can therefore be concluded that NSEs and ATSs registered with the U.S. SEC are subject to authorisation and to effective supervision and enforcement on an ongoing basis.
Zato je mogoče sklepati, da morajo NBVP in AST, registrirani pri komisiji SEC ZDA, imeti dovoljenje ter so podvrženi učinkovitemu in stalnemu nadzoru ter izvrševanju.
According to the second condition, third-country trading venues must have clear and transparent rules regarding admission of securities to trading so that such securities are capable of being traded in a fair, orderly and efficient manner, and are freely negotiable.
V skladu z drugim pogojem morajo imeti mesta trgovanja v tretjih državah jasna in pregledna pravila glede sprejema vrednostnih papirjev v trgovanje, tako da se lahko s temi vrednostnimi papirji trguje na pošten, pravilen in učinkovit način in so prosto prenosljivi.
Pursuant to Section 12(a) of the Exchange Act, securities listed on a U.S. NSE must be registered on a NSE by the issuer.
Vrednostne papirje, ki kotirajo na NBVP v ZDA, mora izdajatelj v skladu z oddelkom 12(a) zakona o borzi registrirati na NBVP.
Registration of a security requires the issuer to file an application with the exchange where its securities will be listed; the issuer must also file registration statements with the SEC.
Pri registraciji vrednostnega papirja mora izdajatelj vložiti zahtevek na borzi, na kateri bodo kotirali njegovi vrednostni papirji; izjave o registraciji mora vložiti tudi pri komisiji SEC.
The exchange authority will certify to the SEC once the security has been approved by the NSE for listing and registration.
Komisija SEC bo prejela potrdilo borznega organa, ko bo NBVP vrednostni papir odobrila za kotiranje na borzi in registracijo.
All securities traded on a NSE, and ATS trading listed securities, must meet listing standards set out in the exchange's listing rules, which must be filed with the SEC under Section 19(b) of the Exchange Act and Rule 19b-4.
Vsi vrednostni papirji, s katerimi se trguje na NBVP, in vrednostni papirji, ki so uvrščeni v trgovanje v AST, morajo izpolnjevati standarde za kotiranje na borzi iz pravil glede kotiranja na borzi, ki jih je treba predložiti komisiji SEC v skladu z oddelkom 19(b) zakona o borzi in pravilom 19b-4.
Unlisted securities traded publicly on an ATS are subject to SEC disclosure rules and other standards for publicly traded securities.
Za javno trgovanje z vrednostnimi papirji, ki ne kotirajo na borzi, v AST veljajo pravila o razkritju komisije SEC in drugi standardi za vrednostne papirje, s katerimi se javno trguje.
SEC rules and listing standards require issuers to make timely disclosure of information that would be material to investors or likely to have a significant effect on the price of an issuer's securities.
Izdajatelji morajo zaradi pravil komisije SEC in standardov za kotiranje na borzi pravočasno razkriti informacije, ki bi bile za vlagatelje bistvene ali bi verjetno bistveno vplivale na ceno vrednostnih papirjev izdajateljev.
Section 10A(m) and Rule 10A-3 thereunder also directs each NSE to prohibit the listing of any security of an issuer that is not in compliance with the audit committee requirements set forth in the statute and rule.
V skladu z oddelkom 10A(m) in pravilom 10A-3 po tem zakonu mora vsaka NBVP tudi prepovedati kotiranje na borzi za vse vrednostne papirje tistih izdajateljev, ki ne izpolnjujejo zahtev revizijskega odbora, določenih v zakonu in pravilu.
The Securities Act requires that investors receive financial and other significant information concerning securities being offered for public sale and their issuers, and prohibit deceit, misrepresentations, and other fraud in the sale of securities.
Zakon o vrednostnih papirjih vsebuje zahtevo, da morajo vlagatelji prejeti finančne in druge pomembne informacije o vrednostnih papirjih, ponujenih v javno prodajo, in njihovih izdajateljih, ter prepoveduje preslepitev, napačno prikazovanje in druge goljufije pri prodaji vrednostnih papirjev.
NSEs are required to have clear and transparent rules regarding the admission of securities to trading.
NBVP morajo imeti jasna in pregledna pravila glede sprejema vrednostnih papirjev v trgovanje.
Securities must be freely negotiable and meet certain criteria regarding the distribution of securities to the public and information about the security and the issuer that are needed to value the security.
Vrednostni papirji morajo biti prosto prenosljivi in izpolnjevati določena merila glede prodaje vrednostnih papirjev javnosti ter razširjanja informacij o vrednostnem papirju in izdajatelju, ki so potrebne za vrednotenje vrednostnega papirja.
A NSE cannot register securities for which information about the securities and the issuer is not publicly available.
NBVP ne more registrirati vrednostnih papirjev, za katere informacije o vrednostnih papirjih in izdajatelju niso javno dostopne.
Finally, orderly trading of securities on a NSE or ATSs is ensured by the SEC's powers to suspend trading and issue emergency orders under certain circumstances.
Pooblastila komisije SEC, da v določenih okoliščinah začasno ustavi trgovanje in izda izredne odredbe, zagotavljajo pravilno trgovanje z vrednostnimi papirji na NBVP in v AST.
Pursuant to Section 12(k)(1)(A) of the Exchange Act, the SEC, if the public interest and the protection of investors so require, can issue an order summarily to temporarily suspend all trading in a specific security.
Če je v javnem interesu in je to potrebno zaradi zaščite vlagateljev, lahko komisija SEC v skladu z oddelkom 12(k)(1)(A) zakona o borzi po hitrem postopku izda odredbo, da začasno ustavi vse trgovanje z določenim vrednostnim papirjem.
The U.S. regulatory framework includes requirements for providing pre-trade information to market participants.
Regulativni okvir ZDA vsebuje zahteve, v skladu s katerimi je treba udeležencem na trgu zagotoviti informacije pred trgovanjem.
The securities laws and rules and SRO rules require real-time reporting of best bids, best offers and quotation sizes for any security on NSEs or ATSs that trade 5 % or more of the volume in a given NMS stock and displays orders to any person.
Zakoni in pravila o vrednostnih papirjih ter pravila o SRO vsebujejo zahteve, da je treba o najboljših ponudbah, najboljšem povpraševanju in velikosti ponudbe za kateri koli vrednostni papir na NBVP ali v AST, katerega obseg trgovanja znaša 5 % ali več dane delnice NMS, poročati v realnem času in objavljati naročila katere koli osebe.
The 5 % threshold is based on Rule 301(b)(3) and (b)(5) and is calculated using share volumes reported to the U.S. consolidated tapes.
Prag v višini 5 % temelji na pravilu 301(b)(3) in (b)(5) ter se izračuna z uporabo obsega delnic, ki se poroča v sisteme stalnih informacij v ZDA.
The SEC has authority to examine ATSs for compliance with federal securities laws and Regulation ATS, including whether an ATS has exceeded this 5 % threshold and complies, as applicable, with the requirement of Rule 301(b)(3) of Regulation ATS.
Komisija SEC je pristojna, da prouči, ali so AST skladni z zveznimi zakoni o vrednostnih papirjih in s predpisom o AST, vključno s tem, ali je AST presegel ta 5-odstotni prag in je po potrebi skladen z zahtevo iz pravila 301(b)(3) predpisa o AST.
Under SEC Rule 602, each NSE is required to collect, process, and make available to vendors the best bid, best offer, and aggregate quotation sizes for each subject security.
Vsak NBVP mora v skladu s pravilom 602 komisije SEC zbirati, obdelovati in dajati prodajalcem na razpolago najboljše ponudbe, najboljše povpraševanje in združene velikosti ponudbe za vsak predmetni vrednostni papir.
The information is made widely available to the public on fair, reasonable and non-discriminatory terms.
Informacije morajo biti splošno dostopne javnosti pod poštenimi, razumnimi in nediskriminatornimi pogoji.
In the public interest and as appropriate for the protection of investors and the maintenance of fair and orderly markets, under Section 11A(a)(1)(C) of the Exchange Act and the rules thereunder, NSEs are required to ensure the availability to brokers, dealers, and investors of information with respect to quotations for and transactions in securities.
NBVP morajo v javnem interesu in po potrebi zaradi zaščite vlagateljev ter vzdrževanja poštenih in urejenih trgov v skladu z oddelkom 11A(a)(1)(C) zakona o borzi in pravil po tem zakonu zagotavljati, da so borznim posrednikom, borznim trgovcem in vlagateljem na voljo informacije glede ponudb za vrednostne papirje in poslov z njimi.
The U.S. regulatory framework also includes requirements for providing post-trade information, including the price, volume and time of the transactions, to market participants on a timely basis.
Regulativni okvir ZDA vsebuje tudi zahteve, da je treba udeležencem na trgu pravočasno zagotavljati informacije po trgovanju, vključno s ceno, obsegom in časom poslov.
Rule 601(a) under Regulation NMS requires exchanges and FINRA to file transaction reporting plans for approval with the SEC.
V skladu s pravilom 601(a) po predpisu o NMS morajo borze in organ FINRA načrte za poročanje o poslih predložiti v odobritev komisiji SEC.
The SEC and SRO rules require real-time reporting of transactions on exchanges and on ATSs.
O poslih na borzah in v AST je treba v skladu s pravili komisije SEC in SRO poročati v realnem času.
Broker-dealers, including ATSs, must submit transactions information to FINRA for dissemination.
Borzni posredniki, vključno z AST, morajo informacije o poslih poslati organu FINRA, ki zagotovi njihovo razširjanje.
It can therefore be concluded that NSEs and ATSs registered with the U.S. SEC have clear and transparent rules regarding the admission of securities to trading so that such securities are capable of being traded in a fair, orderly and efficient manner and are freely negotiable.
Zato je mogoče sklepati, da imajo NBVP in AST, registrirani pri komisiji SEC ZDA, jasna in pregledna pravila glede sprejema vrednostnih papirjev v trgovanje, da se lahko s takimi vrednostnimi papirji trguje na pošten, pravilen in učinkovit način ter so prosto prenosljivi.
According to the third condition, security issuers must be subject to periodic and ongoing information requirements ensuring a high level of investor protection.
V skladu s tretjim pogojem je treba od izdajateljev vrednostnih papirjev redno in nenehno zahtevati informacije, s čimer se zagotavlja visoka raven varstva vlagateljev.
Issuers whose securities are admitted to trading on a U.S. NSE are required to publish annual and interim financial reports.
Izdajatelji, katerih vrednostni papirji so sprejeti v trgovanje na NBVP v ZDA, morajo objavljati letna in vmesna računovodska poročila.
Listed issuers and companies whose shares are admitted to trading are also subject to the reporting requirements under Section 13(a) or Section 15(d) of the Exchange Act.
Za izdajatelje in družbe, ki kotirajo na borzi, katerih delnice so uvrščene v trgovanje, veljajo tudi obveznosti poročanja v skladu z oddelkom 13(a) ali 15(d) zakona o borzi.
Securities admitted to trading on a U.S. NSE may also be traded on another NSE or on ATSs.
Z vrednostnimi papirji, sprejetimi v trgovanje na NBVP v ZDA, se lahko trguje tudi na drugem NBVP ali v AST.
The reporting obligation applicable to such reporting issuers applies regardless of the venue on which individual trades take place.
Obveznost poročanja, ki velja za tako poročanje izdajateljev, velja ne glede na mesto, kjer poteka posamezno trgovanje.
The disclosure of comprehensive and timely information about security issuers allows investors to assess the business performance of issuers and ensures appropriate transparency for investors through a regular flow of information.
Če se informacije o izdajateljih vrednostnih papirjev razkrivajo celovito in pravočasno, lahko vlagatelji ocenijo učinkovitost poslovanja izdajateljev in se jim z rednim dotokom informacij zagotavlja ustrezna preglednost.
It can therefore be concluded that issuers whose securities are admitted to trading on NSEs and ATSs are subject to periodic and ongoing information requirements ensuring a high level of investor protection.
Zato je mogoče sklepati, da se od izdajateljev, katerih vrednostni papirji so sprejeti v trgovanje na NBVP in v AST, redno in nenehno zahtevajo informacije, s čimer se zagotavlja visoka raven varstva vlagateljev.
According to the fourth condition, the third-country legal and supervisory framework must ensure market transparency and integrity by preventing market abuse in the form of insider dealing and market manipulation.
V skladu s četrtim pogojem mora pravni in nadzorni okvir tretje države zagotavljati preglednost in celovitost trga s preprečevanjem zlorabe trga v obliki trgovanja z notranjimi informacijami in tržne manipulacije.
Federal securities laws of the USA establish a comprehensive regulatory framework to ensure market integrity and prevent insider trading and market manipulation.
Z zveznimi zakoni ZDA o vrednostnih papirjih je vzpostavljen celovit regulativni okvir za zagotavljanje celovitosti trga ter preprečevanje trgovanja z notranjimi informacijami in tržno manipulacijo.
This framework prohibits, and authorises the SEC to take enforcement action against, conduct which could result in distorting the functioning of the markets such as market manipulation and communication of false or misleading information (including in Sections 9(a), 10(b), 14(e), 15(c) of the Exchange Act, and Rule 10b-5 thereunder).
Ta okvir prepoveduje ravnanje, ki bi lahko ogrožalo pravilno delovanje trgov, kot so tržne manipulacije in sporočanje napačnih ali zavajajočih informacij (vključno z oddelki 9(a), 10(b), 14(e), 15(c) zakona o borzi in pravila 10b-5 po tem zakonu), ter komisijo SEC pooblašča, da zoper tako ravnanje sprejme izvršilne ukrepe.