EU Council Compromise Proposal on MAR


On 12 June 2012, the Presidency of the Council of the EU published a new compromise proposal (dated 11 June 2012) on the proposed Regulation on insider dealing and market manipulation (MAR). Compromise Proposal.

Additions and changes to the previous proposal of 22 May 2012 are shown in mark-up, however, it does not indicate where text in the European Commission’s proposal has been deleted.

The MAR proposal, together with the European Commission’s proposed Directive on criminal sanctions for insider dealing and market manipulation (CSMAD), will revise and replace the Market Abuse Directive (2003/6/EC) (MAD). These proposals are known as “MAD II”.


Published In: Administrative Agency Updates, Business Torts Updates, Criminal Law Updates, International Trade Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Orrick, Herrington & Sutcliffe LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »