Les manquements d’initiés en France

Insiders detected and accused in France between 2001 and 2011 are most often professionals of financial markets, trading upon positive inside information. Corporate insiders are only executives. They trade upon negative private information, much earlier than other insiders. Illegal gains are highe...

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Bibliografische gegevens
Hoofdauteur: Fonteny, Elisabeth
Formaat: Article ou chapitre numérique
Taal:Français
Gepubliceerd in: 2018
Online toegang:Accès Université d'Orléans et IFPM
Accès Université d'Orléans et IFPM
Omschrijving
Samenvatting:Insiders detected and accused in France between 2001 and 2011 are most often professionals of financial markets, trading upon positive inside information. Corporate insiders are only executives. They trade upon negative private information, much earlier than other insiders. Illegal gains are higher in case of positive inside information, when they concern big capitalizations and when the insider is a corporate executive. The financial penalty increases with undue profits and the number of days of illegal trades.