Insider Trading: A Brief Overview of Legal Regime in USA, UK, India and Nepal
affiliation not provided to SSRN
January 1, 2010
Mirmire-Economic Article Special Issue, Vol. 38, No. 293, January/February 2010
The underlying act of buying or selling securities is perfectly legal activity. It is only the intention of trader that can make this legal activity a prohibited act of insider trading. Majority of the countries around the world, though not all, prohibit insider trading realizing that it is likely to undermine the confidence and may prejudice the smooth operation of the markets. Many different jurisdictions have different laws on insider trading but their common sole objective is to curb the menace of insider trading.
Number of Pages in PDF File: 16
Keywords: Insider Trading, USA, UK, India, Nepal
JEL Classification: K22Accepted Paper Series
Date posted: May 5, 2010 ; Last revised: October 24, 2010
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