MORTGAGE CERTIFICATE OF PARTICIPATION AS A SECURITY
This article is devoted to the legal characteristics of a relatively new security for the Russian stock market as a mortgage participation certificate. The author considers the main elements of this security, such as potential issuers and investors, the essence, the scope of the rights that it certifies, additional features. The publication focuses on the differences between the commented financial instrument and similar ones, as well as its disadvantages and advantages. Unfortunately, the mortgage participation certificate turned out to be an unclaimed security and is gradually withdrawn from circulation.