Map of Guadalajara Tourist on In other countries, the law on insider trading is still in a developmental stage. In 1989, the Council of the European Communities promulgated the European Economic Community Directive Coordinating Regulation on Insider Trading, coordinating insider trading regulations within the community and setting minimum standards that must be met by all members. The directive prohibits insiders from using inside information either by themselves or by tipping others. Article 1 of the directive defines inside information as information of a precise nature about the security or issuer which has not been made public which, if it were made public, would likely have a significant effect on the price of the security. The directive does not require a fiduciary duty to be violated in order for a trade to be deemed illegal. Several member countries have since passed legislation to apply the principles of the directive. The statutes in these countries are usually more specific about what constitutes material nonpublic information. Map of Guadalajara Tourist 2016.
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Map of Guadalajara Tourist
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