It is unfair to the investing public and detrimental to the
interests of the security markets for a person to trade on the
basis of inside information. In this short dissertation, the
laws regulating insider trading in South Africa prior to the
current legislative provisions are briefly discussed. It is
found that the old provisions were inadequate in deterring and
punishing insider trading activities. The current legislative
provisions are analysed in detail. It becomes clear that whilst
the current provisions are a substantial improvement on their
predecessor, certain aspects need to be reconsidered. These
include the widening of their scope to include trading in all
kinds of derivatives; the reformulation of the statutory civil
action and the empowerment of the securities regulation panel
to bring a civil action against insider traders. / Private Law / LL.M.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:unisa/oai:uir.unisa.ac.za:10500/16093 |
| Date | 01 1900 |
| Creators | Speedie, Miles Stuart |
| Contributors | Luiz, S. M. |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Dissertation |
| Format | 1 online resource (iv, 61 leaves) |
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