Abstract
Market integrity is essential for the proper and efficient functioning of securities markets-it enables investors to transact in a fair and informed manner, with certainty that prices of securities reflect available information. The absence of market integrity is a significant threat to securities markets, with the potential to greatly reduce investor confidence and, as a result, participation. In recent times, legislators, regulators, law reform bodies and market participants have focused on the impact on market integrity of a number of key practices-most significantly, the relationship between market integrity and directors' margin loans,m securities trading during black-out periods, rumour-mongering and private analysts' briefings have been the subject of debate and review. This book brings together a number of experts to explore a variety of topics relating to market integrity relevant to the present debate-including rumour-mongering, regulatory mechanisms, remedies for investors, insider trading, short selling and continuous disclosure.
Original language | English |
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Place of Publication | North Melbourne, Vic. |
Publisher | Australian Scholarly Publishing |
ISBN (Print) | 9781921875038 |
Publication status | Published - 2010 |
Externally published | Yes |