Members Area


Become a Member!

Advertise

CRIMINAL LAW

Companies - Insider Trading

Select Topic
Related Topics	Advertising - False and Misleading - Alternative Dispute Resolution - Bankruptcy and Insolvency - Bankruptcy/Insolvency - Creditors Compromise - Caveats - Charitable Trusts - Civil Law and Claims - Commercial Leases - Commercial Property Investment - Companies - Winding Up a Company - Company Formation , Registration and Operation - Contracts - Do They Have To Be In Writing? - Contracts - Restraint of Trade Clauses - Contracts - Romalpa Clauses - Contracts and Contract Law - Contracts Enforcement Act 1956 (Replaced) - Damages - Debt Collection - Defamation/Slander/Libel - Fair Trading Act 1986 - Fringe Benefit Tax - G.S.T. - Partnership Law and Procedure

ALL THE LAW ON INSIDER TRADING

Insider trading occurs where a person has "inside information" about an issuer of public shares or other securities, and acts on that information to his advantage.

We will provide you with all the law you need to know including direct links to the Acts relevant to this topic as well as direct links to related sites.

We also provide you with a direct link to the Government legislation site where you can look up ALL Acts of Parliament and Regulations and Rules. An Act is also known as a Statute. A Regulation is also sometimes known as a Rule. This Government legislation site is still going through some teething problems. But you will be able to access all legislation and find specific Acts and Rules and individual sections.

Statutes
Statutory Regulations
Local & Private Acts

A director may know that the share price will rise, or plummet, and he buys or sells shares with that advace knowledge. That is prohibited by our law.

He has gained an advantage, almost always to the detriment of other shareholders not "in the know".

There is a very helpful overview in the Ministry of Economic Development's Website and we provide you with a direct link ;

. . . Ministry of Economic Development Website

Under the Securities Act 1978, anyone is prohibited from gaining an advantage through having this "inside" information.

Inside information means information about a public issuer that is not publicly available, and that would, or would be likely to, materially affect the price of the public issuer’s securities if the information were publicly available.

Securities include shares, debentures, investment-linked life insurance policies, and interests in unit trusts, group-investment funds and superannuation schemes.

There is usef-

.....The first part of this topic has been displayed free of charge. Join up for $45 to have access to this and all other topics!

"I found all this Company Law stuff really helpful. Not too academic but enough to get a really good grounding in some of the pitfalls. You need to read all the company topics to get a handle on this huge area. Anthony - Christchurch - April 2007"
Feedback/Blogs/Reviews from related topic: Advertising - False and Misleading
"Membership No 186685 I have been unable to acquire any case law in regards to bankruptcy. I am thge alleged defendant in the matter and have opposed the application for bankruptcy as I am not the defendant. The case is now at the stage of the high court requiring a synopsis under 251a, I wish to make submissions in not being notified of the hearing at the district court after the notice of proceeding was served. The matter then got judgement without my knowledge and is now before the high court for bankruptcy. Please advise the procedure to locate any supportive case law that may assist with my application to set aside the bankrupcy claim. Kindest Regards A.Marsh I "
"You will certainly get a rehearing if you were not notified but, if you simply misread the documents you were originally served with then you could be in trouble. You must actively follow up on your obligation to file and serve a defence and not just wait for the Court to come to you. Good luck . . . Netlaw "
"Likewise . . . very helpful. Thanks. Gerald - May 2007 - Tauranga"
"Received notice from a creditors lawyer that they wish to put in companiy into liquidation and I have up to today upon receiving their letter. A Statory Demand was intially sent on 7 Aril 2008, which I reponded with a reply explaining that an arrangement (verbal) had been entered in by both parties which was to continue supply, once company got post dated cheques, company stopped surpply and but still continued to present cheques which was not the agreement which was entred into. What position does that leave me if I want to legal challenge this. Without causing me excessive expresses. Rina Netlaw responds: If you say that they cannot properly sue because there was a new agreement for time payment, then you can apply for an injunction saying that the Statutory Demand Notice is wrong. But it will cost you. An injunction should not be done without legal advice. Type up a Statement setting out precisiely all the facts as you know them and see a lawyer as soon as possible. A letter shouid be sent to the other side saying how inappropriate the Demand procedure is when the subsequent agreement between the parties was made and kept by you. But you must get your facts right!"
Feedback/Blogs/Reviews from related topic: Advertising - False and Misleading
"I liked you Civil Index. Not much need for family or criminal but you civil index is very good to have at my fingertips. Thanks for providing this service T. (name withheld)"
"Great assistance. I agree with the above. Your civil topics are great. Better than we get at Polytech where I am studying Business Law. Terry -Dunedin - June 2007"
Feedback/Blogs/Reviews from related topic: Advertising - False and Misleading
"I found all this Company Law stuff really helpful. Not too academic but enough to get a really good grounding in some of the pitfalls. You need to read all the company topics to get a handle on this huge area. Anthony - Christchurch - April 2007"
"it is utterly unfair that a debtor can get away with not paying, and often does simply because the creditor doesn't have the money (because the debtor didn't pay!) to go through all of this process. I'm sickened by the proceess which has seen me now not only being ripped off by this debtor, but then(and still) by the debt collector I folishly decided to use because I couldn't afford the intial legal fees (due to not being paid by the debtor!). Court has finally decided in our favor, but debtor still hasn't paid and I have to find more yet money to apply to have him liquidated, without any promise of getting anything back."
Feedback/Blogs/Reviews from related topic: Advertising - False and Misleading
"I found all these contract topics interesting and helpful. JD. Napier December 2006"
Feedback/Blogs/Reviews from related topic: Advertising - False and Misleading
"I found this interesting. I want to sue for punitive damages and I was interested to learn that our courts are pretty conservative. I think the Welfare have quite wrongly taken my kids and I have found out that the affidavit they gave to a Judge to get an order to uplift them was known to the Welfare to be incorrect. They told the Judge that I had drug convictions but when I found out 5 months ago that they thought that I proved then to them that this was untrue yet I have now found that they have still put this false evidence in an affidavit. But they have also told other people about my "drug convictions". You have to watch these people. (name witheld) - May 2007"
Feedback/Blogs/Reviews from related topic: Advertising - False and Misleading
"I got so much from this site. You are right. It is better to "upskill" myself first before paying megabucks to a lawyer just to get an opinion. I liked access to the case law and the real life submissions. Tim Shadbolt's case was a dag. How much did he get? Bud. Auckland Thanks a lot . . . Max (Devonport)"

Select Topic

Related Topics

CRIMINAL LAW

Companies - Insider Trading

Recommended Partner Links