Insider Dealing: The Substantive Law and Its Application

Company executives, board members and professionals who operate in the securities and futures markets often come across information which may be price sensitive.  When will a piece of information become “inside information”? What is the ambit of using such information?  Who is an insider?  What should the insider do or refrain from doing?  When may one get implicated in an “insider dealing” allegation?  What actions may lead to liability?  Would it make any difference if the person who deals in shares is not an “insider”?  What are the possible defences for insider dealing?  This course will address these questions as well as the implications of some recent cases.