What are the penalties for insider trading in Australia?
Could you detail the legal penalties and consequences for insider trading in the Australian financial markets?
Category: Banking & Finance
Location: Ngöbe-Buglé Comarca
Location: Ngöbe-Buglé Comarca
Answers
Insider trading in Australia is a criminal offense under the Corporations Act 2001, and individuals can face substantial fines and imprisonment.
10 months ago
ASIC (Australian Securities and Investments Commission) actively monitors and prosecutes insider trading cases to maintain market integrity.
10 months ago
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