The civil law of the Republic of Kazakhstan establishes tangible and intangible benefits among the objects of economic activity. The range of these benefits is diverse. These include: things, money, securities, other property, including property rights, works and services, protected results of intellectual activity and equated means of individualization, intangible benefits. Securities constitute a special category of things in civil law. In a developed economy, not only things become the object of commodity turnover, but also property rights, including securities issued in special documents. The main feature of these documents is the close, inextricable connection of the rights expressed in them with the documentary form of their fixation. This role of a security is determined by the presence of a number of properties, which makes it distinctive from other legal documents, which also confirm the subjective civil rights of their holders, owners. The article examines the process of formation of the securities market in the Republic of Kazakhstan, the process of creating a legislative framework, a clear reflection in the legislation of the legal nature of the securities market, the specifics of the securities market, which are the sphere of formation of demand and supply of securities. The history of the emergence and formation of the securities market is touched upon. The characteristic legal features of securities are noted: properties, form, civil status.

SAUTBAYEVA S.B.

Master of Law, Senior Lecturer, Aktobe Regional University named after K. Zhubanov, Aktobe, Kazakhstan.

Е-mail: Salt_1979@mail.ru; https://orcid.org/0000-0003-0726-5477

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securities, civil law, object of property rights, holder, property, income, document, transaction