An individual is not guilty of insider dealing by virtue of dealing in securities or encouraging another person to deal if he shows that he acted in conformity with the FCA’s price stabilizing rules (137Q FSMA) and Article 5 of MAR concerning an exemption for buy-back programs and stabilization. For more, 137Q FSMA and Article 5 of MAR can be found here and here, respectively.
More topics in this series
- Statute of Limitations
- Exemptions under MAR: Buy Back Programs, Stabilization Measures
- Criminal Justice Act 1993 (CJA) Overview
- Defenses under CJA
- Defense: Unforeseeable Profit Related to Inside Information
- Defense: Market Information
- Defense: Market Makers
- Defense: Reasonable Belief Information Widely Disclosed so that No Others Dealing Would be Prejudiced
- Defense: Dealing Unrelated to Inside Information
- Defense: Transactions
- Element: Inside Information
- Element: Knowledge, Use of Inside Information
- Exception under MAR: Marketing Sounding
- REMIT
- Market Abuse Regulation (MAR) Overview
- Who May be Liable for Insider Trading?
- Element: Applicable Instruments
- Statutes and Official Guidance
- Insider Dealing Overview