The 'Immediateness' of Ad Hoc Disclosure Statements in the Context of National and European Legal Doctrine

Moellers, Thomas M.J.

Abstract

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The 'Immediateness' of Ad Hoc Disclosure Statements in the Context of National and European Legal Doctrine

Thomas M.J. Moellers

University of Augsburg

2007

International Company and Commercial Law Review, Vol. 18, pp. 369-377, 2007

Abstract:
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 22

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Date posted: November 17, 2010 ; Last revised: November 24, 2010

Suggested Citation

Moellers, Thomas M.J. , The 'Immediateness' of Ad Hoc Disclosure Statements in the Context of National and European Legal Doctrine (2007). International Company and Commercial Law Review, Vol. 18, pp. 369-377, 2007. Available at SSRN: http://ssrn.com/abstract=1709975

Contact Information

Thomas M.J. Moellers (Contact Author)

University of Augsburg ( email )

Germany