This article assesses the current state of the securities market in the Russian Federation and explores solutions to problems including the lack of transparency in securities transactions, excessive price volatility, and the lack of long-term operations and forecasts, largely due to the challenging geopolitical and economic situation in the country. The relevance of this study is determined by the role of the securities market as a vital element of the country's financial system, the need to promptly identify the problems it faces, and the search for solutions. The development of recommendations is based on an analysis of global experience in creating efficient and stable stock markets, as well as the development of a legal framework regulating the development of this market in Russia. The implementation of the proposed measures is aimed at ensuring the efficiency, reliability and transparency of exchange activities