The Ins And Outs Of Insider Trading

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Explore:  ASIC Insider Trading

ASIC's recent announcement that a technology systems upgrade will enable it to watch and tag trades by individual investors is a timely reminder that companies and persons in possession of "inside information" need to be aware of the law governing its use and disclosure.

This client update:

- briefly describes the general offence/what constitutes prohibited conduct; and

- highlights the extent of ASIC's recent activity in prosecuting insider trading and market misconduct offences.

A separate article providing companies with practical guidance on managing risk in this area will follow.

Please see full alert below for more information.

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Topics:  ASIC, Insider Trading

Published In: Business Torts Updates, Finance & Banking 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.

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