Abstract
Insider trading is acknowledged globally as a significant threat to market integrity. Unfortunately, the laws which govern insider trading are, in many respects, convoluted, ague and unclear. This problem is further exacerbated by the comparatively small number of cases available to interpret the relevant legislative provisions. This is articularly true of the 'Chinese wall' defence to insider trading.This article will examine the Chinese wall defence in detail, considering its nature, requirements and the problems associated with its use, and will conclude with recommendations for an improved legislative solution.
| Original language | English |
|---|---|
| Pages (from-to) | 2-14 |
| Number of pages | 13 |
| Journal | Journal of Applied Research in Accounting and Finance |
| Volume | 6 |
| Issue number | 2 |
| Publication status | Published - 2011 |
| Externally published | Yes |
Keywords
- Chinese walls
- insider trading
- corporations law
