The 'Immediateness' of Ad Hoc Disclosure Statements in the Context of National and European Legal Doctrine
International Company and Commercial Law Review, Vol. 18, pp. 369-377, 2007
9 Pages Posted: 17 Nov 2010 Last revised: 24 Nov 2010
Date Written: 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).
Keywords: Comparative law, Disclosure, European Community, Germany, Investor protection, Market abuse, Securitisation
JEL Classification: K 22
Suggested Citation: Suggested Citation