Ban on Insider Trading Before Public Company Announcements
New rules aim to increase fairness in financial markets. They restrict company directors and executives from trading company shares before important information is publicly announced. This ensures all investors have equal access to data, protecting them from unfair practices.
Key points
Company directors and executives will be prohibited from buying or selling their company's shares just before key events, like financial changes or major decisions, are publicly disclosed.
The goal is to prevent the use of confidential information for personal gain before it becomes public.
These rules are intended to boost confidence in the capital market and ensure all investors have a fair chance.
Expired
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