Commentary on the Federal Law of March 5, 1999 . No. 46-FZ "On Protection of the Rights and Legitimate Interests of Investors in the Securities Market" by Ageshkin N . A. and Kyle A. N. is a unique and in-depth analysis of one of the key legislative acts regulating investment activities in Russia. This work will become an indispensable assistant for both finance professionals and students studying economics and law. In their book, the authors examine in detail the provisions of the law that was adopted to protect the rights of investors in the securities market. More than two decades have passed since its entry into force, and during this time the legislation has undergone significant changes. Ageshkin and Kyle not only explain the main aspects of the law, but also analyze its impact on the market, identifying both positive and negative sides. The book will be of interest to a wide audience: from practicing lawyers and financial analysts to students and teachers of universities. If you want to understand the intricacies of investment legislation, understand how to protect your rights as an investor, or are just interested in the topic of financial markets, this comment will be a real guide for you. The topics raised in the book concern not only the legal aspects, but also the economic realities faced by investors. The authors emphasize the importance of compliance with legal norms and ethical standards in investment activities, which is relevant in the face of constant changes in financial markets. They also discuss mechanisms to protect investors’ rights, including judicial and extrajudicial means of dispute resolution. The style of Ageshkin and Kyle is clear and accessible, which allows the reader to easily assimilate complex legal concepts. Their work is not only informative, but also written taking into account current trends in the field of financial law. This makes the book especially valuable for those who seek to be aware of the latest changes and innovations in the legislation. In addition, the authors offer readers practical recommendations on the application of the law in real life. They share examples from judicial practice and analyze how different situations can be resolved subject to current legislation. This makes the book not just a theoretical work, but a practical tool that can be used in everyday work. If you are looking for literature on the topics of “protection of investors’ rights”, “investment law”, “securities market” or “financial law”, then “Comment to the Federal Law of March 5, 1999 . 46-FZ" will be a find for you. This book will not only enrich your knowledge, but also help you better navigate the complex world of financial investment. In conclusion, it is worth noting that Ageshkin and Kyle’s work is not just a commentary on the law, but a whole world in which important aspects of investor protection are revealed. Reading this book, you will get not only legal information, but also a deep understanding of the mechanisms that govern investment processes in Russia. Do not miss the opportunity to expand your horizons and become more confident in your actions in the securities market!