Best Brokerage Lawyers in Iceland

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LAGASTOÐ

LAGASTOÐ

Reykjavik, Iceland

Founded in 1979
50 people in their team
Icelandic
English
We advise individuals, families, businesses, financial institutions, and government bodies on Icelandic and EEA-Law and represent our clients’ interests before public agencies and in the courts. We have vast experience advising on legal issues pertaining to finance, real estate, and tax, with a...
Lagahvoll

Lagahvoll

Reykjavik, Iceland

Founded in 2012
50 people in their team
Icelandic
English
About LagahvollLagahvoll is an independent law firm with strong focus on impartiality and independence. We offer specialised legal services with an emphasis on commercial and financial law.We represent both large and small companies as well as individuals, including professional investors. Our...
Nordik Legal Services

Nordik Legal Services

Reykjavik, Iceland

Founded in 2010
50 people in their team
Icelandic
English
ABOUT USSince its establishment in 2010, Nordik Legal has been leader in providing of services to both Icelandic and international business, particularly in among other the field of mergers and acquisitions,  corporate finance,  corporate law, and domestic and international tax law....
OPUS Legal Service

OPUS Legal Service

Reykjavik, Iceland

Founded in 2006
50 people in their team
Icelandic
English
OPUS Legal Services take pride in providing clients with reliable, personal advice and professional legal counseling. We represent individuals as well as corporate and institutional clients from several different countries in addition to Iceland.OPUS Legal Services take pride in providing...
Landslög

Landslög

Reykjavik, Iceland

Founded in 1971
50 people in their team
Icelandic
English
Landslag law firm has comprehensive knowledge and experience in all major areas of law. Landslagi's customers are thus offered specialized advice that has produced remarkable results.Companies, domestic and foreign, municipalities and public sector organizations have taken advantage of Landslagi's...
Réttur

Réttur

Reykjavik, Iceland

Founded in 2002
50 people in their team
Icelandic
English
The roots of the law can be traced back to 1969, when Ragnar Aðalsteinsson founded his law firm. The co-owners of Ragnar í Rétti are Sigurður Örn Hilmarsson, Sigrún Ingibjörg Gísladóttir, Védís Eva Guðmundsdóttir and Kári Hólmar Ragnarsson. Ever since the institution was founded,...
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About Brokerage Law in Iceland

Brokerage in Iceland refers to the process of buying or selling securities, such as stocks and bonds, on behalf of clients. This field is heavily regulated to protect investors and ensure fair and transparent transactions.

Why You May Need a Lawyer

Whether you are an individual investor or a brokerage firm, there are various situations where legal assistance may be necessary. This could include disputes over investments, regulatory compliance issues, or drafting contracts related to securities transactions.

Local Laws Overview

In Iceland, brokerage activities are governed by the Financial Supervisory Authority (FME) and the Securities Act. These laws outline the licensing requirements for brokerage firms, rules for securities trading, and investor protection measures.

Frequently Asked Questions

1. Is a broker required to be licensed in Iceland?

Yes, brokerage firms and individual brokers must be licensed by the Financial Supervisory Authority to operate legally in Iceland.

2. What are the key regulations that govern securities trading in Iceland?

The Securities Act sets out the rules for securities trading, including disclosure requirements, insider trading prohibitions, and market manipulation rules.

3. How can I file a complaint against a brokerage firm in Iceland?

You can contact the Financial Supervisory Authority to report any issues or complaints regarding a brokerage firm's activities.

4. Can a lawyer help me recover losses from a bad investment?

Yes, a lawyer experienced in brokerage law can help you explore legal options to seek compensation for losses resulting from a bad investment.

5. What is the process for resolving disputes with a brokerage firm in Iceland?

Disputes with brokerage firms can be resolved through mediation, arbitration, or litigation in Icelandic courts, depending on the nature of the issue.

6. Are there any restrictions on foreign investment in Icelandic securities?

Foreign investors are generally subject to the same regulations as domestic investors, but there may be specific requirements or limitations for certain types of investments.

7. How can I verify the credentials of a brokerage firm before investing with them?

You can check the Financial Supervisory Authority's website for a list of licensed brokerage firms in Iceland and inquire about their track record and reputation in the industry.

8. What are the penalties for securities fraud in Iceland?

Securities fraud is a criminal offense in Iceland and can result in fines, imprisonment, and other legal consequences for individuals or entities found guilty of fraudulent activities.

9. Is it possible to pursue legal action against a brokerage firm for misconduct?

Yes, you can seek legal recourse against a brokerage firm for misconduct, such as misrepresentation, breach of fiduciary duty, or other violations of securities laws.

10. How can I stay informed about changes in brokerage laws and regulations in Iceland?

You can subscribe to newsletters from the Financial Supervisory Authority or consult legal professionals specializing in brokerage law for updates on legislative changes and industry developments.

Additional Resources

For more information on brokerage laws and regulations in Iceland, you can visit the Financial Supervisory Authority's website or seek guidance from legal organizations, such as the Icelandic Bar Association.

Next Steps

If you require legal assistance in brokerage matters in Iceland, consider consulting with a lawyer who specializes in securities law to assess your legal rights and options for resolving any disputes or issues related to brokerage activities.

Lawzana helps you find the best lawyers and law firms in Iceland through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Brokerage , experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Iceland—quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.