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Back to the Future? The Impact of Financial Services Reform on Insider Trading in Australia

Research output: Contribution to journalArticlepeer-review

Abstract

The most recent set of legislative amendments made to Australian insider trading laws resulted from the reforms contained in the Financial Services Reform Act 2001 (Cth). Those insider trading reforms included changes to the nature of the relevant financial products; changes to the type of prohibited conduct; and changes to the potential consequences for breaching the prohibition on insider trading. This paper will examine in detail the reforms made to the law of insider trading, consider their effect to date on insider trading in Australia, and identify remaining gaps and inconsistencies in the law which are yet to be effectively addressed.
Original languageEnglish
Pages (from-to)179-196
Number of pages18
JournalMacquarie Journal of Business Law
Volume4
Publication statusPublished - Jan 2007
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 10 - Reduced Inequalities
    SDG 10 Reduced Inequalities
  2. SDG 16 - Peace, Justice and Strong Institutions
    SDG 16 Peace, Justice and Strong Institutions

Keywords

  • insider trading
  • Australia
  • Financial Services Reform
  • corporations law

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