The 'Immediateness' of Ad Hoc Disclosure Statements in the Context of National and European Legal Doctrine
Thomas M.J. Moellers
University of Augsburg
International Company and Commercial Law Review, Vol. 18, pp. 369-377, 2007
This paper discusses the term "immediateness" as found in §15 of the German Securities Trading Act, which obliges publicly traded companies to disclose to the general public "immediately" any information that can affect the price of their securities (the so-called duty of ad hoc disclosure).
Number of Pages in PDF File: 9
Keywords: Comparative law, Disclosure, European Community, Germany, Investor protection, Market abuse, Securitisation
JEL Classification: K 22Accepted Paper Series
Date posted: November 17, 2010 ; Last revised: November 24, 2010
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