Insider Trading - Position and Consultation Paper

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Abstract:

This paper sets out the Government’s position on many of the recommendations made by the Corporations and Markets Advisory Committee (CAMAC) with regard to insider trading.  It also seeks views and information on certain issues it considers deserving of additional consideration.  Comments are particularly sought on the appropriate ambit of the prohibition on insider trading and whether it should apply in specific situations, such as in relation to over the counter transactions.

Submissions may be lodged electronically, by post of facsimile. Please direct submissions to:

Insider Trading Review
Corporations and Financial Services Division
The Treasury
Langton Crescent
PARKES ACT 2600

Fax: 02 6263 2770
Email: insidertradingpaper@treasury.gov.au

The closing date for submissions is 2nd June 2007.  Submissions may appear on the Treasury website, www.treasury.gov.au (subject to claims for confidentiality).

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