sustain an insider trading
conviction against a tippee, the Government
The SEC further claimed that all the elements of insider trading
were established during its investigation; thus, Ongpin was properly meted out the penalty of a P174-million fine for 174 counts of insider trading
Yet, all these incidents cannot be taken as clear and direct indication that there was indeed insider trading
,' it added.
In this Review, I will use Black Edge to highlight how the law's ambiguities limit the government's reach in pursuing insider trading
. In particular, I will focus on how the knowledge requirement for securities fraud casts a shadow over the government's campaign against the hedge fund industry's never-ceasing quest for an informational advantage--"edge," be it white, gray, or black.
As per the documents, in major cases of insider trading
and other offences under the exchange ordinance of 1969, action was taken against violators.
Studies testing public attitudes concerning insider trading
have reflected more ambivalence than fear or indignation.
The "misappropriation theory" (49) is distinct from the "classical theory" of insider trading
in which "a corporate insider ...
However, traders watch closely for changes in patterns or unusual insider trading
Avent and Penna each previously settled insider trading
charges brought against them.
is the illegal practice of buying and selling stocks by individuals who have access to insider information or "material nonpublic information" about the securities.
MANILA, Philippines Insider trading
remains a prevalent crime in the Philippines.
The board is scheduled to meet tomorrow to discuss a proposal by a high level committee, which suggested that the regulator should seek powers from the government to intercept calls and electronic communications of those suspected of serious economic offences like insider trading
. The committee, headed by former law secretary and Lok Sabha's ex-secretary general T K Viswanathan, also suggested mandatory whistle-blower policy at listed companies and a series of changes in rules on market frauds, insider trading
, surveillance and investigations.