Modifications have been made on the “Securities Trading Regulations” upon the enactment of Decree No. 09, of March 28th of 2011, by Board of Directors (BoD) of Mongolian Stock Exchange (MSE). Modifications are as follows, by the approval of acting CEO, Altai Kh, new modifications reflect that the registered stocks should be listed on two boards and traded separately and further changes on the board schedules, listing requirements, board transfer validity, maturity, software, sales, distribution and other related regulations. Additionally, commission fees and conditions have been debased by the proposal of BoD. For instance, commission of 0.3 percent on the range of one billion or above has been changed to the ceiling of ten billion and the commission on the range of ten billion to thirty billion is subject to .02 percent, above thirty billion is to .15 percent. Commission percentage discounts were to be accounted upon a single purchase has been changed to be accounted accordingly on client’s daily purchasing and selling total of securities trading