The ins and outs of insider trading — part two

In its earlier client update on 4 February 2014, DLA Piper outlined the nature and scope of the insider trading prohibition under the Corporations Act and highlighted the extent of the Australian Securities and Investments Commission’s (ASIC’s) recent activity and success in the prosecution of insider trading and market misconduct offences.

This follow-on article (designed to be read in conjunction with the earlier article) details what types of transactions give rise to a heightened risk of insider trading; highlights the importance of confidentiality and risk management in corporate transaction planning; and provides practical guidance on the ways in which insider trading risks can be managed and how the reputational risk stemming from allegations of insider trading or market misconduct can be managed.

The possible contraventions of the insider trading provisions are many and varied. However, some corporate transactions give rise to a heightened risk, for example a proposed change of control transaction involving a listed entity or a proposed capital raise by a listed entity…

Click on the link below to read the rest of the DLA Piper briefing.

Sign in or Register to continue reading this article

Sign in


It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer


Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.


Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.


Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Briefings from DLA Piper

View more briefings from DLA Piper

Analysis from The Lawyer

View more analysis from The Lawyer


3 Noble Street

Turnover (£m): 1,566.29
No. of lawyers: 3,961 (UK 200)
Jurisdiction: global
No. of offices: more than 75
No. of qualified lawyers: 542 (International 50)
No. of partners: 142.6