Going Dutch: Catch-All Insider Trading
Groenhuijsen,M.S. Kristen,F.G.H.
Groenhuijsen,M.S.
Kristen,F.G.H.
Abstract
In the Netherlands new legislation has come into force in order to deal with insider trading. The legislator followed a new strategy. This time, instead of a provision with well-defined criteria, a sort of a catch all-provision was created. The aim was to avoid difficulties in proving the offence. As a consequence, a new problem has arisen: usual and accepted behaviour on the stock markets, such as exercising a green shoe option, is now within the ambit of the penalisation. The Dutch legislator has thus created some exceptions. These developments are analysed in the paper.
Description
Pagination: 8
Date
1999
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Research Projects
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Citation
Groenhuijsen, M S & Kristen, F G H 1999, 'Going Dutch : Catch-All Insider Trading', Journal of Financial Regulation and Compliance, vol. 7, no. 4, pp. 331-338.