Insider Trading In Developing Jurisdictions

Author : Wunmi Bewaji
Publisher : Routledge
Page : 338 pages
File Size : 48,8 Mb
Release : 2012-06-14
Category : Law
ISBN : 9781136295386

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Insider Trading in Developing Jurisdictions by Wunmi Bewaji Pdf

The book examines the regulation of insider dealing in the developed jurisdictions, using three of the G7 countries as guides with the aim of knowing how they have regulated insider trading and what lessons can be learnt from their failures and achievements. It looks at regulatory regimes in the US, the UK and Japan in order to consider whether these regimes can be successfully transplanted to developing countries. In order to explore insider dealing in the developing world the book focuses on Nigeria, Africa’s most populous nation and second largest economy. This book examines in theoretical and empirical terms the law on insider trading away from the dogmatic approach of Western literature by presenting the subject from the prism of a developing jurisdiction in post-colonial Africa with a divergent cultural, historical, social, political and economic background. The author analyses what shape insider dealing takes in Nigeria, a predominantly illiterate society, and considers the groups involved. The books also explores how the concept of insider dealing regulation is understood amongst parties integral to its administration and enforcement such as lawyers, judges, stockbrokers, and ordinary investors. The legislation governing insider dealing regulation in Nigeria is critically examined to expose its strengths and weaknesses, and to see how foreign provisions and legislation have been incorporated. The book uses Nigerian experiences to consider its implications for other developing nations, arguing that regulatory regimes need to take into account the specific social, political, historical and economic factors of a particular locale rather than importing regulations wholesale from developed jurisdictions.

Author : Mark Stamp,Carson Welsh
Publisher : Unknown
Page : 534 pages
File Size : 55,5 Mb
Release : 1996
Category : Insider trading in securities
ISBN : STANFORD:36105060478448

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International Insider Dealing by Mark Stamp,Carson Welsh Pdf

This text offers practical guidance on the regulation of insider dealing in major jurisdictions. It provides an analsis of, and offers guidance on, the relevant statutory requirements and also includes worked examples to give solutions in problem areas.

Author : Paul U. Ali,Greg N. Gregoriou
Publisher : CRC Press
Page : 452 pages
File Size : 50,5 Mb
Release : 2008-08-22
Category : Business & Economics
ISBN : 9781420074031

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Insider Trading by Paul U. Ali,Greg N. Gregoriou Pdf

Essential Reading on an Expanding PhenomenonThe recent growth in mergers and acquisitions worldwide has been accompanied by a resurgence in insider trading on a scale not witnessed since the 1980s takeovers boom. Given the greater emphasis on insider trading in the global securities markets, this text combines the latest law and finance research on

Author : Barry Alexander K. Rider,H. Leigh Ffrench
Publisher : Unknown
Page : 500 pages
File Size : 43,6 Mb
Release : 1979
Category : Law
ISBN : UOM:35112101941138

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The Regulation of Insider Trading by Barry Alexander K. Rider,H. Leigh Ffrench Pdf

Author : Janet Austin
Publisher : Edward Elgar Publishing
Page : 320 pages
File Size : 47,7 Mb
Release : 2017-12-29
Category : Electronic
ISBN : 9781786436429

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Insider Trading and Market Manipulation by Janet Austin Pdf

This book explores how the globalization of securities markets has affected market manipulation and insider trading. It delves into the responses of securities regulators, discussing new regulations designed to deter such misconduct, as well as they ways in which detection, investigation and prosecution techniques are adapting to tackle insider trading and market manipulation that crosses international boundaries.

Author : Georgios I. Zekos
Publisher : Nova Science Publishers
Page : 0 pages
File Size : 45,5 Mb
Release : 2016
Category : Corporate governance
ISBN : 1634852826

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Law and Economics of Corporate Governance and Insider Trading by Georgios I. Zekos Pdf

The regulation of insider trading prohibits insiders from using inside information in securities transactions, and the central goal of the regulator is to preclude non-public information from circulating in the stock markets. The goal of legislation against insider trading is the same as that of legislation against market manipulation, making certain the integrity of EU financial markets and so boosting investor confidence in those markets. Market manipulation and insider trading are interrelated and based on circulation of information, and so cyberspace & e-logistics of information could be the key to neutralising people from taking advantage of their privilege to govern information within a company. Insider trading moves prices because outsiders decode information from the trade itself. Insider trading increases capital costs for the reason that insider trading raises the cost to market-makers in a companys securities relative to other companies, decreasing the anticipated return to uninformed shareholders. Corporate insiders are clearly informed about their own firms. The insiders outperformance derives from either their analytical skill or the handling of superior information about their companies when trading. Insiders benefit from unexpected losses on top of gains and so have a perverse incentive to trigger the company to under-perform if insider trading is permitted. Securities are vital, not only as investment vehicles, but also as devices for corporate control. A peaceful European Revolution should bring forward European nations and the USE/European Federation, which can deal with insider trading, criminal law, and other political/economical components in a harmonious way while avoiding any conflict among the various jurisdictions taking place in the present EU.

Author : Norman Keith
Publisher : Unknown
Page : 234 pages
File Size : 43,7 Mb
Release : 2012
Category : Insider trading in securities
ISBN : 0433471956

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Insider Trading in Canada by Norman Keith Pdf

Author : Stephen M. Bainbridge
Publisher : Unknown
Page : 228 pages
File Size : 40,5 Mb
Release : 2007
Category : Business & Economics
ISBN : STANFORD:36105063751874

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Securities Law by Stephen M. Bainbridge Pdf

Presenting the history, richness, and texture of important areas of law, this text illustrates the development of securities/insider trading law, with selected cases and in-depth explanations. Insider trading is a central topic in most corporations, business association, and securities regulation classes. For many corporate law students, insider trading is their principal introduction to federal securities law, SEC Rule 10b-5, and economic analysis. As a recommended text, this book addresses the important subject in a readable and authoritative manner. Accessible but sophisticated, it seeks to develop the reader's understanding of the theory and practice of insider trading law.

Author : Elise Verdonck
Publisher : GRIN Verlag
Page : 60 pages
File Size : 49,6 Mb
Release : 2015-03-31
Category : Law
ISBN : 9783656933151

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A Comparative Analysis of Insider Trading Regulation: New Zealand, Australia and the European Union by Elise Verdonck Pdf

Seminar paper from the year 2014 in the subject Law - Civil / Private, Trade, Anti Trust Law, Business Law, grade: A-, University of Auckland, course: Corporate Governance, language: English, abstract: Since the financial crisis in 2008 there is no doubt about the fact that the evolving financial markets are essential for economic growth, employment and prosperity. Those markets serve as financing means for the business world and consumers benefit from the availability of a wide range of financial products and the additional advantages that those markets entail (higher pensions and lower mortgage costs). However, if those financial markets want to continue to contribute both to economy and society, the promotion of a good, integer and transparent functioning of those markets is essential. The proper functioning of the financial markets is largely dependent on the confidence of investors in those markets. The fact that investors ‘must be placed on an equal footing’ is the underlying principle on which this confidence is based. Market participants must be assured to always have access to a minimum set of information before making their investment decisions. In this context, transparency plays an important role. The price of a financial instrument is always the result of the available financial information. And to have proper price formation, it is essential that all the stakeholders have equal access to the relevant information as much as possible. A lot of regulations have already been introduced in this area. Yet, the effectiveness of those regulations can be questioned. For example, directors can make use of certain non-public information to trade in securities. They abuse their superior knowledge and consequently other investors regard this as unfair trading. Due to those unfair practices, other potential investors will turn their back to the financial markets. Insider trading is likely to undermine the investors’ confidence in the market and may jeopardise the proper functioning of the market. Therefore insider trading should be prohibited. But in most cases, law enforcement authorities face difficulties in proving the offenses. Hence, insider trading is a social evil and remains difficult to combat. This research essay will compare the current legislation on insider trading in New Zealand, Australia and the EU.This research essay will compare the current legislation on insider trading in New Zealand, Australia and the EU. In the end, it will be clear that the fundamental differences between the three jurisdictions remain off.

Author : Gil Brazier
Publisher : Routledge
Page : 311 pages
File Size : 47,7 Mb
Release : 1996
Category : Law
ISBN : 9781874241027

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Insider Dealing by Gil Brazier Pdf

Insider dealing is rarely out of the news for long these days. At regular intervals, there are Press reports of unusual price movements or trading in the shares of companies which may or may not be doing well or be keen to acquire other companies or to avoid being taken over themselves. It is usually said that the matter is being investigated 'by the authorities' and that may be the last of it that is heard. But what happens and who may be involved? This book attempts to answer those and other related questions. Concentrating of the restatement of insider dealing law contained in the Criminal Justice Act 1993, it outlines the overall law and practice governing the regulation of the criminal office of insider dealing and of certain other 'securities' market offences in the UK. It places the relevant legislation into the context of securities law as a whole. The historical background is explained as is the way in which 'securities' business is effected in the 'City' and how it is presently regulated. It is therefore hoped that this book may be of use to legal and compliance practitioners, to regulators and also to those otherwise studying or teaching 'securities' law, whether at university or college or in respect of a relevant professional or securities industry examination.

Author : Patrick Chukwunweike Osode
Publisher : National Library of Canada = Bibliothèque nationale du Canada
Page : 954 pages
File Size : 45,9 Mb
Release : 1994
Category : Insider trading in securities
ISBN : 0315929243

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Insider Trading Regulation [microform] : the Theoretical and Policy Foundations by Patrick Chukwunweike Osode Pdf

Author : Lazar Sarna,Noah Sarna
Publisher : Markham, Ont. : LexisNexis Canada
Page : 128 pages
File Size : 44,7 Mb
Release : 2005
Category : Insider trading in securities
ISBN : 0433450851

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Insider Trading by Lazar Sarna,Noah Sarna Pdf

Author : Robert Baldwin,Colin D. Scott,Christopher Hood
Publisher : Unknown
Page : 544 pages
File Size : 42,9 Mb
Release : 1998
Category : Business & Economics
ISBN : UOM:39015043087454

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A Reader on Regulation by Robert Baldwin,Colin D. Scott,Christopher Hood Pdf

Regulation has become a key form of state activity and an area of burgeoning academic concern, both in Public Law and Economics. This collection makes available to the reader a number of indispensable readings. The text considers the central topics of regulation and looks to theory as well as practice, enforcement as well as rule-making, and supra-national as well as domestic concerns. Particular attention is paid to the ways that regulatory developments can be explained, the choices of technique that confront regulators and the varieties of regulatory style that are encountered within and between different regimes. The introductory essay considers the maturation of regulation both as a practice and as a discipline. it examines regulation as a topic for study, reviews major developments in regulation and outlines central themes. This book is intended as a resource for upper-level undergraduate students and teachers of regulation as part of degree courses in law, economics, business, public policy and politics, but also for those involved in or subject to regulation on a daily basis.

Author : Ralph C. Ferrara,Herbert Thomas,Donna M. Nagy
Publisher : Law Journal Press
Page : 960 pages
File Size : 54,7 Mb
Release : 2023-11-28
Category : Business & Economics
ISBN : 1588520692

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Ferrara on Insider Trading and the Wall by Ralph C. Ferrara,Herbert Thomas,Donna M. Nagy Pdf

The authors analyze the impact of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Sarbanes-Oxley Act and SEC regulations regarding selective disclosure and insider trading.

Author : Ester Herlin-Karnell,Nicholas Ryder
Publisher : Bloomsbury Publishing
Page : 204 pages
File Size : 43,9 Mb
Release : 2019-09-19
Category : Law
ISBN : 9781509903092

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Market Manipulation and Insider Trading by Ester Herlin-Karnell,Nicholas Ryder Pdf

The European Union regime for fighting market manipulation and insider trading – commonly referred to as market abuse – was significantly reshuffled in the wake of the financial crisis of 2007/2008 and new legal instruments to fight market abuse were eventually adopted in 2014. In this monograph the authors identify the association between the financial crisis and market abuse, critically consider the legislative, policy and enforcement responses in the European Union, and contrast them with the approaches adopted by the United States of America and the United Kingdom respectively. The aftermath of the financial crisis, ongoing security concerns and increased legislation and policy responses to the fight against irregularities and market failures demonstrate that we need to understand, in context, the regulatory responses taken in this area. Specifically, the book investigates how the regulatory responses have changed over time since the start of the financial crisis. Market Manipulation and Insider Trading places the fight against market abuse in the broader framework of the fight against white collar crime and also considers some associated questions in order to better understand the contemporary market abuse regime.