Journal of college of Law for Legal and Political Sciences

Abstract

The evolution of the securities markets in the countries of the world and the effects of economic globalization have been particularly noticeable in stimulating the foreign investment movement in general and foreign investment in the stock market in particular, which is based mainly on the listing and trading processes. We have found through the research that the right of listing gives the foreign investor the right to include his securities in the financial market of the state in which he invests. The Iraqi legislator limited the process of listing national securities in contrast to the Egyptian legislator in line with the Financial Services Liberalization Agreement. Foreign companies wishing to be listed to enjoy this right and the rights thereof. As for the right of trading, it is necessary to activate the movement of securities in the financial markets, which are the rights enjoyed by the foreign investor under the Iraqi legislation, but the trading is limited to the securities listed in the market (ie, national) and this right followed by rights enjoyed by the foreign investor to bear the status Shareholder or creditor of the Company.