"Insider Trading Law in the United States and Australia: Fiduciary Breaches, Market Abuses, and the Harshness of Penalties"

Description

The topic of investor protection has occupied investors, businesses, regulators, academics, and courts since the 1930s. The topic exploded in importance after the 2008 financial crisis and the Bernard Madoff Ponzi scheme of the same year. Investor protection scholarship now seeks to respond to developments such as the institutionalization of the markets, the democratization of finance, and the enhanced role of market professionals and other gatekeepers. Additionally, although the philosophy of full disclosure remains the guiding principle behind the securities laws, recent research has questioned the merits of a disclosure-based regime. In light of these trends, regulators try to strike the right balance between imposing a strict investor protection regime, on the one hand, and giving businesses the freedom to innovate new projects, market new services, and reduce costs, on the other. The Cambridge Handbook of Investor Protection brings together leading scholars to inform this debate and fill a gap left by these developments.

  • Offers perspectives from 21 leading scholars of securities and financial services law
  • Addresses both theoretical and practical issues in investor protection regulation
  • Brings readers up to date with debates over investor protection and market regulation over the past several decades

Includes the chapter, "Insider Trading Law in the United States and Australia: Fiduciary Breaches, Market Abuses, and the Harshness of Penalties" by Maurer Professor Donna M. Nagy and Juliette Overland.

ISBN

9781108833943 (hb.), 9781108996730 (ebook)

Publication Date

2022

Publisher

Cambridge University Press

City

New York, NY

Keywords

Securities and Exchange Commission, inside information, Australian Securities and Investments Commission, entrusted information, financial products

Disciplines

Antitrust and Trade Regulation | Banking and Finance Law | Comparative and Foreign Law | Law

Comments

Arthur B. Laby, ed. The Cambridge Handbook of Investor Protection. New York: Cambridge University Press, 2022.

Full bibliographic details available in IUCAT

Copies available in the Jerome Hall Law Library KF 1070 .C358 2022

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