SANCTIONS AGAINST INSIDER TRADING: A PROPOSAL FOR REFORM

Authors

  • MARK R GILLEN

Abstract

This article reviews Canadian legislative penal, civil and administrative sanctions against insider trading. It notes the limitations on these sanctions as a means of deterring insider trading. It then proposes a reform of the law which would allow Securities Commissions to bring civil actions on behalf of persons who have traded either with insiders or when insiders have traded.

Keywords:

Criminal Law

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Published

1991-06-01

Issue

Section

Legal Commentary

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