Community · Legal Question

What are the penalties for insider trading in Australia?

Answers from verified lawyers
Free to browse
Australian legal community
Q

Could you detail the legal penalties and consequences for insider trading in the Australian financial markets?

Ngöbe-Buglé Comarca

Answers

2 answers from the community

A

Insider trading in Australia is a criminal offense under the Corporations Act 2001, and individuals can face substantial fines and imprisonment.

1 year ago

A

ASIC (Australian Securities and Investments Commission) actively monitors and prosecutes insider trading cases to maintain market integrity.

1 year ago