Regulatory Alerts2022-08-05
Third Resolution Approving the Regulation on Insider Information, Relevant Facts, and Market Manipulation
The National Securities Market Council of the Dominican Republic approved the Regulation on Insider Information, Relevant Facts, and Market Manipulation to establish rules for the use, control, and disclosure of privileged information. The regulation defines key terms such as insider information and market manipulation, and prohibits market participants from using non-public information for trading or recommending trades. It also mandates the classification of relevant facts and outlines specific prohibitions against market manipulation to ensure transparency and integrity in the securities market.
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