On 30 September 2014, the Romanian Chamber of Deputies adopted a law intended to clarify the legal status of shares traded on the Rasdaq market and the unlisted securities market.
The status of the Rasdaq market has raised numerous controversies in the past, mainly because the National Securities Commission (currently the Financial Supervisory Authority, “FSA”) treated the Rasdaq market as a ‘regulated market’, although, the Rasdaq does not meet the requirements of a regulated market according to the European regulations
