Monash University > News and Events > Monash Memo > Notices

Insider trading: Addressing the continuing problems of proof

Published: 6 May 2009

Presenter: Michael J Duffy, Lecturer
Department of Business Law and Taxation

Brief Abstract:
Insider trading continues to pose challenges for law enforcement. Proof of communication of material price sensitive information from tipper to trader remains elusive in many cases due to the absence of witnesses prepared to attest to such communications. This paper looks at possible reforms that might be considered to encourage witnesses to come forward, including rewards and bounties, leniency and immunity to witnesses or accomplices in both civil and criminal matters. The paper also considers the question of telephone taps, and the role of ASX and the encouragement of private civil proceedings.

Time: 12.30 pm to 1.30 pm
Date: Friday 1 May, 2009
Venue: Clayfield Room, Building A, Ground Floor, Room A1.34, Caulfield campus

For further information contact:
Name: Anne Mulcahy
Telephone: +61 3 9903 4062
Email: anne.mulcahy@buseco.monash.edu.au