Representatives of privatization Funds has asked from the Commission for securities and privatization Council to change the regulation on privatization funds as well as change of sub-legal acts that define their working. "Regulation limits investment of privatization funds only to those firms that are on the list of Mass voucher privatization (MVP). "funds have to be allowed to invest into new firms on the basis of business plans or purchase of the old securities so that they could protect the interests of their stockholders and increase the value of their stocks", said director of MIG Dragan Radusinovic. He said that management companies that mange the funds should be enabled sale of stocks immediately after transformation of privatization into investment funds. Radusinovic explained that management companies were getting provision of 5% of all the investment units of fund for managing those institutions and they can sell them only after two years. "If the regulations is not changed, companies will have to maintain themselves for almost three years without possibility tot collect payment for their services", said Raadusinovic. Vice president of the Commission for securities Zoran Djikanovic said that this provision depended on the stocks value and that it was established with the aim of harmonizing the interests of funds and companies. Funds Representatives agreed that regulation on evaluating the net value of those institutions should be determined as soon as possible and they also agreed that nominal value of stocks was overestimated. "Estimated stocks and funds value is higher then the real one and it does not present a real situation to stockholders. When stock trade initiates being realized according to real prices the citizens reaction will be negative", said Aandrijana Garic from HLT Fund. It was asked from the Commission to determine rules for convoking the Assembly of funds and firms stockholders as soon as possible as well as to intensify activities on passing the Law on investment funds. Djikanovic announced that passing the Law on investment funds was up to Privatization Council and Ministry of Finance, asking from Funds concrete proposals for resolving disputable issues. He said that even the funds# stocks would be registered into Central Depositing agency Register few days after 4 March so the citizens could trade with them at stock markets.