An Outsider’s Perspective of Insider Trading Regulation in Australia

Authors

James D. Cox, Duke Law SchoolFollow

Document Type

Article

Publication Date

1990

Abstract

This article provides a close analysis of contemporary justifications frequently advanced for the regulation of insider trading. The rationalization for the prosecution of insider trading is contrasted with the objectives and provisions of Australia's Corporations Act of 1989. The final section of the paper provides reaction to the many complaints others have raised regarding weaknesses inherent in the former regulatory framework that placed the National Companies and Securities Commission at the center of Australia's regulation of insider trading.

Citation

James D. Cox, An Outsider’s Perspective of Insider Trading Regulation in Australia, 12 Sydney Law Review 455-481 (1990)