Regulatory Alerts2014-12-29
Added · Updated
Communiqué on Measures to be Taken for Insider Trading and Manipulation Investigations
The Capital Markets Board issued this Communiqué to establish procedures for imposing trading bans and other measures during investigations into insider trading and market manipulation under the Capital Markets Law. It defines temporary and permanent trading bans, specifying durations of up to two years or five years depending on the severity of the suspected offenses and the filing of criminal complaints. The document further details the scope of restricted instruments, exceptions for specific transactions, and the operational protocols for the Central Registry Agency to enforce these bans and manage liquidations.
Topics
securities
market-abuse
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