This publication presents an article-by-article commentary on the Federal Law of July 19, 2007 No. 196-FZ “On Pawnshops”. This law, based on the practice of pawnshops, fills the gaps in the legal regulation of their activities, contains the main issues of the conditions for its implementation, not properly reflected in civil legislation (Civil Code of the Russian Federation) and the Law of the Russian Federation “On Pledge”; receive detailed regulation of the status of pawnshops, rules for lending and storage of property of individuals (citizens), sale of unclaimed property, and a number of other fundamental issues. The commentary is intended for teachers and students of law universities and faculties, practicing lawyers, entrepreneurs in the field of financial business.