Market abuse may arise in circumstances where financial investors have been unreasonably disadvantaged, directly or indirectly, by others who:
- have used information which is not publicly available (insider dealing)
- have distorted the price-setting mechanism of financial instruments
- have disseminated false or misleading information.
Market Abuse is split into two different aspects (Under EU definitions):
- Insider dealing
- Where a person who has information not available to other investors (e.g. a Director with knowledge of a takeover bid) makes use of that information for personal gain.
- Market manipulation
- Where a person knowingly gives out false or misleading information (For instance about a company's financial circumstances) in order to influence the price of a share for personal gain;
In addition, Money laundering may be considered a form of market abuse.
... Main article Market abuse See also Anti-competitive practices and Insider trading Market abuse may arise in circumstances where financial investors have been unreasonably disadvantaged, directly or indirectly, by ...
... announced on 17 February 2003, Mr Jabre made a substantial profit for the GLG Market Neutral Fund." At first he planned on appealing the fine, but then withdrew his appeal ...
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