Insider trading definition refined: unverified media reports excluded from public information and wording on unpublished price sensitive information amended. Regulation 2(1)(e) of the Prohibition of Insider Trading Regulations is amended to provide that information made available on a non-discriminatory basis 'shall not include unverified event or information reported in print or electronic media'; the NOTE to regulation 2 is revised to insert the word 'constitutes' in the explanatory phrase concerning unpublished price sensitive information and to omit an existing verb to refine the explanatory wording.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Insider trading definition refined: unverified media reports excluded from public information and wording on unpublished price sensitive information amended.
Regulation 2(1)(e) of the Prohibition of Insider Trading Regulations is amended to provide that information made available on a non-discriminatory basis "shall not include unverified event or information reported in print or electronic media"; the NOTE to regulation 2 is revised to insert the word "constitutes" in the explanatory phrase concerning unpublished price sensitive information and to omit an existing verb to refine the explanatory wording.
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