Peculiarities of the legal status of public-law entities as insiders by the legislation on combating the unlawful use of insider information

Objective: to reveal the main forms of public-law entities’ participation in the relations associated with insider information. Methods: abstraction, analysis, synthesis, induction, dialectical, formally logical, comparative legal method, method of interdisciplinary legal studies. Results: Basing o...

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Bibliographic Details
Main Author: A. F. Akhmadullina
Format: Article
Language:English
Published: Tatar Educational Center “Taglimat” Ltd. 2014-09-01
Series:Russian Journal of Economics and Law
Subjects:
Online Access:https://www.rusjel.ru/jour/article/view/1682
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Summary:Objective: to reveal the main forms of public-law entities’ participation in the relations associated with insider information. Methods: abstraction, analysis, synthesis, induction, dialectical, formally logical, comparative legal method, method of interdisciplinary legal studies. Results: Basing on the studies, the grounds for the vesting of public-law entities with an "insider" status were selected and demarcated. The necessity was proved to broaden the scope of legislation on combating the unlawful use of insider information and to include the relations connected with the management of public debt. Theoretical and practical problems were identified associated with the consolidation of the insiders’ duties depending on the categories of entities. Scientific novelty: For the first time the theoretical and practical aspects were analyzed of legal regulation of relations connected with the granting of public-law entities with an "insider" status. Basic forms of participation of public-law entities as insiders were revealed. In accordance with the principle of unity and differentiation, the elements of the legal status common for all insiders were allocated and the differences in the consolidation of responsibilities were summarized. Practical value: The results of the study can be used in law-making and law-enforcement activities, as well as for scientific research in the field of civil, business and financial law.
ISSN:2782-2923