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.
6 months ago
ASIC (Australian Securities and Investments Commission) actively monitors and prosecutes insider trading cases to maintain market integrity.
6 months ago
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