Law Library of Congress - Global Legal Monitor: Global Legal Monitor: Securities http://www.loc.gov/lawweb/servlet/lloc_news?home The Global Legal Monitor is an online publication from the Law Library of Congress covering legal news and developments worldwide. It is updated frequently and draws on information from the Global Legal Information Network, official national legal publications, and reliable press sources. You can search previous news by searching the archive. en-us Global Legal Monitor: European Union: Stricter Penalties for Insider Trading Proposed by the Parliament http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403703_text Banks and financial institutions; Securities - On September 10, 2013, the European Parliament endorsed a draft Regulation on Insider Dealing and Market Manipulation. 659 Members voted in favor, with 20 voting against and 28 abstentions. (Tougher Sanctions for Financial... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Fri, 13 Sep 2013 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205403703_text Global Legal Monitor: Indonesia: House Approves Law on Futures Trading http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402756_text Securities - On September 10, 2013, the European Parliament endorsed a draft Regulation on Insider Dealing and Market Manipulation. 659 Members voted in favor, with 20 voting against and 28 abstentions. (Tougher Sanctions for Financial On July 19, 2011, Indonesia's House of Representatives, the country's legislative body, passed a new law on futures trading, revising the 1997 Law on Commodity Futures Trade (Act No. 32, 1997). According to Indonesian Trade Minister... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Mon, 25 Jul 2011 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402756_text Global Legal Monitor: Hong Kong: Draft Guidelines on Disclosure of Inside Information http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402596_text Securities - On September 10, 2013, the European Parliament endorsed a draft Regulation on Insider Dealing and Market Manipulation. 659 Members voted in favor, with 20 voting against and 28 abstentions. (Tougher Sanctions for Financial On July 19, 2011, Indonesia's House of Representatives, the country's legislative body, passed a new law on futures trading, revising the 1997 Law on Commodity Futures Trade (Act No. 32, 1997). According to Indonesian Trade Minister On February 11, 2011, Hong Kong's Securities and Futures Commission (SFC) issued consultative conclusions on proposed amendments to its Draft Guidelines on the disclosure of price-sensitive information, i.e., insider trading. (Consultation Paper on the Draft... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Wed, 30 Mar 2011 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402596_text Global Legal Monitor: India: New Derivatives Exchange Established http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402286_text Securities - On September 10, 2013, the European Parliament endorsed a draft Regulation on Insider Dealing and Market Manipulation. 659 Members voted in favor, with 20 voting against and 28 abstentions. (Tougher Sanctions for Financial On July 19, 2011, Indonesia's House of Representatives, the country's legislative body, passed a new law on futures trading, revising the 1997 Law on Commodity Futures Trade (Act No. 32, 1997). According to Indonesian Trade Minister On February 11, 2011, Hong Kong's Securities and Futures Commission (SFC) issued consultative conclusions on proposed amendments to its Draft Guidelines on the disclosure of price-sensitive information, i.e., insider trading. (Consultation Paper on the Draft The United Stock Exchange of India, launched on September 21, 2010, is a new exchange for currency derivatives, or "contracts between sellers and buyers, whose values are derived from the underlying assets, the currency amounts." Such... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Fri, 01 Oct 2010 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402286_text Global Legal Monitor: United Kingdom: Stock Broker Fined 2.8 Million for Market Abuse http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402007_text Securities - On September 10, 2013, the European Parliament endorsed a draft Regulation on Insider Dealing and Market Manipulation. 659 Members voted in favor, with 20 voting against and 28 abstentions. (Tougher Sanctions for Financial On July 19, 2011, Indonesia's House of Representatives, the country's legislative body, passed a new law on futures trading, revising the 1997 Law on Commodity Futures Trade (Act No. 32, 1997). According to Indonesian Trade Minister On February 11, 2011, Hong Kong's Securities and Futures Commission (SFC) issued consultative conclusions on proposed amendments to its Draft Guidelines on the disclosure of price-sensitive information, i.e., insider trading. (Consultation Paper on the Draft The United Stock Exchange of India, launched on September 21, 2010, is a new exchange for currency derivatives, or "contracts between sellers and buyers, whose values are derived from the underlying assets, the currency amounts." Such The Financial Services Authority (FSA), the independent body in charge of regulating financial services in the United Kingdom, has issued the largest fine to an individual in its history -- andpound;2.8 million (about US$4.4 million) to... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Tue, 25 May 2010 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205402007_text Global Legal Monitor: Australia: Securities Regulator to Have Greater Powers, Tougher Penalties http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401808_text Securities - On September 10, 2013, the European Parliament endorsed a draft Regulation on Insider Dealing and Market Manipulation. 659 Members voted in favor, with 20 voting against and 28 abstentions. (Tougher Sanctions for Financial On July 19, 2011, Indonesia's House of Representatives, the country's legislative body, passed a new law on futures trading, revising the 1997 Law on Commodity Futures Trade (Act No. 32, 1997). According to Indonesian Trade Minister On February 11, 2011, Hong Kong's Securities and Futures Commission (SFC) issued consultative conclusions on proposed amendments to its Draft Guidelines on the disclosure of price-sensitive information, i.e., insider trading. (Consultation Paper on the Draft The United Stock Exchange of India, launched on September 21, 2010, is a new exchange for currency derivatives, or "contracts between sellers and buyers, whose values are derived from the underlying assets, the currency amounts." Such The Financial Services Authority (FSA), the independent body in charge of regulating financial services in the United Kingdom, has issued the largest fine to an individual in its history -- andpound;2.8 million (about US$4.4 million) to On January 28, 2010, the Australian federal government announced plans to increase the maximum penalties that can be imposed for market misconduct. The Australian Securities and Investment Commission (ASIC) will also have greater powers to investigate... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Wed, 03 Feb 2010 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401808_text Global Legal Monitor: China: Shenzhen Stock Exchange Rules http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401591_text Securities - On September 10, 2013, the European Parliament endorsed a draft Regulation on Insider Dealing and Market Manipulation. 659 Members voted in favor, with 20 voting against and 28 abstentions. (Tougher Sanctions for Financial On July 19, 2011, Indonesia's House of Representatives, the country's legislative body, passed a new law on futures trading, revising the 1997 Law on Commodity Futures Trade (Act No. 32, 1997). According to Indonesian Trade Minister On February 11, 2011, Hong Kong's Securities and Futures Commission (SFC) issued consultative conclusions on proposed amendments to its Draft Guidelines on the disclosure of price-sensitive information, i.e., insider trading. (Consultation Paper on the Draft The United Stock Exchange of India, launched on September 21, 2010, is a new exchange for currency derivatives, or "contracts between sellers and buyers, whose values are derived from the underlying assets, the currency amounts." Such The Financial Services Authority (FSA), the independent body in charge of regulating financial services in the United Kingdom, has issued the largest fine to an individual in its history -- andpound;2.8 million (about US$4.4 million) to On January 28, 2010, the Australian federal government announced plans to increase the maximum penalties that can be imposed for market misconduct. The Australian Securities and Investment Commission (ASIC) will also have greater powers to investigate On September 15, 2009, the Shenzhen Stock Exchange issued the "Implementing Rules on Listing and Trading of Shares with Sale Restrictions of Listed Companies on the Small and Medium-Sized Enterprise Board (Amended in 2009)" (ISINOLAW Reference... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Thu, 01 Oct 2009 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401591_text Global Legal Monitor: United States: Computer Hacker Can Be Prosecuted for Securities Fraud http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401500_text Securities - On September 10, 2013, the European Parliament endorsed a draft Regulation on Insider Dealing and Market Manipulation. 659 Members voted in favor, with 20 voting against and 28 abstentions. (Tougher Sanctions for Financial On July 19, 2011, Indonesia's House of Representatives, the country's legislative body, passed a new law on futures trading, revising the 1997 Law on Commodity Futures Trade (Act No. 32, 1997). According to Indonesian Trade Minister On February 11, 2011, Hong Kong's Securities and Futures Commission (SFC) issued consultative conclusions on proposed amendments to its Draft Guidelines on the disclosure of price-sensitive information, i.e., insider trading. (Consultation Paper on the Draft The United Stock Exchange of India, launched on September 21, 2010, is a new exchange for currency derivatives, or "contracts between sellers and buyers, whose values are derived from the underlying assets, the currency amounts." Such The Financial Services Authority (FSA), the independent body in charge of regulating financial services in the United Kingdom, has issued the largest fine to an individual in its history -- andpound;2.8 million (about US$4.4 million) to On January 28, 2010, the Australian federal government announced plans to increase the maximum penalties that can be imposed for market misconduct. The Australian Securities and Investment Commission (ASIC) will also have greater powers to investigate On September 15, 2009, the Shenzhen Stock Exchange issued the "Implementing Rules on Listing and Trading of Shares with Sale Restrictions of Listed Companies on the Small and Medium-Sized Enterprise Board (Amended in 2009)" (ISINOLAW Reference The United States Court of Appeals for the Second Circuit has ruled that a computer hacker who uses deceptive means to obtain advance information about a company's financial reports can be sued for fraud under the... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Wed, 19 Aug 2009 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401500_text Global Legal Monitor: China: IPO Rules for Growth Enterprise Market http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401232_text Securities - On September 10, 2013, the European Parliament endorsed a draft Regulation on Insider Dealing and Market Manipulation. 659 Members voted in favor, with 20 voting against and 28 abstentions. (Tougher Sanctions for Financial On July 19, 2011, Indonesia's House of Representatives, the country's legislative body, passed a new law on futures trading, revising the 1997 Law on Commodity Futures Trade (Act No. 32, 1997). According to Indonesian Trade Minister On February 11, 2011, Hong Kong's Securities and Futures Commission (SFC) issued consultative conclusions on proposed amendments to its Draft Guidelines on the disclosure of price-sensitive information, i.e., insider trading. (Consultation Paper on the Draft The United Stock Exchange of India, launched on September 21, 2010, is a new exchange for currency derivatives, or "contracts between sellers and buyers, whose values are derived from the underlying assets, the currency amounts." Such The Financial Services Authority (FSA), the independent body in charge of regulating financial services in the United Kingdom, has issued the largest fine to an individual in its history -- andpound;2.8 million (about US$4.4 million) to On January 28, 2010, the Australian federal government announced plans to increase the maximum penalties that can be imposed for market misconduct. The Australian Securities and Investment Commission (ASIC) will also have greater powers to investigate On September 15, 2009, the Shenzhen Stock Exchange issued the "Implementing Rules on Listing and Trading of Shares with Sale Restrictions of Listed Companies on the Small and Medium-Sized Enterprise Board (Amended in 2009)" (ISINOLAW Reference The United States Court of Appeals for the Second Circuit has ruled that a computer hacker who uses deceptive means to obtain advance information about a company's financial reports can be sued for fraud under the The China Securities Regulatory Commission (CSRC) released rules on initial public offerings for the Growth Enterprise Market (China GEM) on March 31, 2009. The rules will enter into effect on May 1, 2009. This means that... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Tue, 21 Apr 2009 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401232_text Global Legal Monitor: International Organization of Securities Commissions: Number of Signatories to MOU on Anti-Cross Border Securities Fraud Now Exceeds 50 http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401200_text Securities - On September 10, 2013, the European Parliament endorsed a draft Regulation on Insider Dealing and Market Manipulation. 659 Members voted in favor, with 20 voting against and 28 abstentions. (Tougher Sanctions for Financial On July 19, 2011, Indonesia's House of Representatives, the country's legislative body, passed a new law on futures trading, revising the 1997 Law on Commodity Futures Trade (Act No. 32, 1997). According to Indonesian Trade Minister On February 11, 2011, Hong Kong's Securities and Futures Commission (SFC) issued consultative conclusions on proposed amendments to its Draft Guidelines on the disclosure of price-sensitive information, i.e., insider trading. (Consultation Paper on the Draft The United Stock Exchange of India, launched on September 21, 2010, is a new exchange for currency derivatives, or "contracts between sellers and buyers, whose values are derived from the underlying assets, the currency amounts." Such The Financial Services Authority (FSA), the independent body in charge of regulating financial services in the United Kingdom, has issued the largest fine to an individual in its history -- andpound;2.8 million (about US$4.4 million) to On January 28, 2010, the Australian federal government announced plans to increase the maximum penalties that can be imposed for market misconduct. The Australian Securities and Investment Commission (ASIC) will also have greater powers to investigate On September 15, 2009, the Shenzhen Stock Exchange issued the "Implementing Rules on Listing and Trading of Shares with Sale Restrictions of Listed Companies on the Small and Medium-Sized Enterprise Board (Amended in 2009)" (ISINOLAW Reference The United States Court of Appeals for the Second Circuit has ruled that a computer hacker who uses deceptive means to obtain advance information about a company's financial reports can be sued for fraud under the The China Securities Regulatory Commission (CSRC) released rules on initial public offerings for the Growth Enterprise Market (China GEM) on March 31, 2009. The rules will enter into effect on May 1, 2009. This means that In a press release issued on March 31, 2009, the International Organization of Securities Commissions (IOSCO), self-described as the leading international policy forum and cooperative forum for securities regulators, announced that 52 of its members are... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Wed, 08 Apr 2009 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l205401200_text Global Legal Monitor: Taiwan: Stricter Regulation of Insider Trading Proposed http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l20540822_text Securities - On September 10, 2013, the European Parliament endorsed a draft Regulation on Insider Dealing and Market Manipulation. 659 Members voted in favor, with 20 voting against and 28 abstentions. (Tougher Sanctions for Financial On July 19, 2011, Indonesia's House of Representatives, the country's legislative body, passed a new law on futures trading, revising the 1997 Law on Commodity Futures Trade (Act No. 32, 1997). According to Indonesian Trade Minister On February 11, 2011, Hong Kong's Securities and Futures Commission (SFC) issued consultative conclusions on proposed amendments to its Draft Guidelines on the disclosure of price-sensitive information, i.e., insider trading. (Consultation Paper on the Draft The United Stock Exchange of India, launched on September 21, 2010, is a new exchange for currency derivatives, or "contracts between sellers and buyers, whose values are derived from the underlying assets, the currency amounts." Such The Financial Services Authority (FSA), the independent body in charge of regulating financial services in the United Kingdom, has issued the largest fine to an individual in its history -- andpound;2.8 million (about US$4.4 million) to On January 28, 2010, the Australian federal government announced plans to increase the maximum penalties that can be imposed for market misconduct. The Australian Securities and Investment Commission (ASIC) will also have greater powers to investigate On September 15, 2009, the Shenzhen Stock Exchange issued the "Implementing Rules on Listing and Trading of Shares with Sale Restrictions of Listed Companies on the Small and Medium-Sized Enterprise Board (Amended in 2009)" (ISINOLAW Reference The United States Court of Appeals for the Second Circuit has ruled that a computer hacker who uses deceptive means to obtain advance information about a company's financial reports can be sued for fraud under the The China Securities Regulatory Commission (CSRC) released rules on initial public offerings for the Growth Enterprise Market (China GEM) on March 31, 2009. The rules will enter into effect on May 1, 2009. This means that In a press release issued on March 31, 2009, the International Organization of Securities Commissions (IOSCO), self-described as the leading international policy forum and cooperative forum for securities regulators, announced that 52 of its members are On November 26, 2008, the Finance Committee of Taiwan's Legislative Yuan did an initial consideration of certain revisions to the Securities Exchange Act that would tighten the regulation of insider trading. Highlights of the proposed changes... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Mon, 08 Dec 2008 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l20540822_text Global Legal Monitor: Taiwan: Proposed Consolidation of Securities Exchanges, New Shariah Index http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l20540810_text Securities - On September 10, 2013, the European Parliament endorsed a draft Regulation on Insider Dealing and Market Manipulation. 659 Members voted in favor, with 20 voting against and 28 abstentions. (Tougher Sanctions for Financial On July 19, 2011, Indonesia's House of Representatives, the country's legislative body, passed a new law on futures trading, revising the 1997 Law on Commodity Futures Trade (Act No. 32, 1997). According to Indonesian Trade Minister On February 11, 2011, Hong Kong's Securities and Futures Commission (SFC) issued consultative conclusions on proposed amendments to its Draft Guidelines on the disclosure of price-sensitive information, i.e., insider trading. (Consultation Paper on the Draft The United Stock Exchange of India, launched on September 21, 2010, is a new exchange for currency derivatives, or "contracts between sellers and buyers, whose values are derived from the underlying assets, the currency amounts." Such The Financial Services Authority (FSA), the independent body in charge of regulating financial services in the United Kingdom, has issued the largest fine to an individual in its history -- andpound;2.8 million (about US$4.4 million) to On January 28, 2010, the Australian federal government announced plans to increase the maximum penalties that can be imposed for market misconduct. The Australian Securities and Investment Commission (ASIC) will also have greater powers to investigate On September 15, 2009, the Shenzhen Stock Exchange issued the "Implementing Rules on Listing and Trading of Shares with Sale Restrictions of Listed Companies on the Small and Medium-Sized Enterprise Board (Amended in 2009)" (ISINOLAW Reference The United States Court of Appeals for the Second Circuit has ruled that a computer hacker who uses deceptive means to obtain advance information about a company's financial reports can be sued for fraud under the The China Securities Regulatory Commission (CSRC) released rules on initial public offerings for the Growth Enterprise Market (China GEM) on March 31, 2009. The rules will enter into effect on May 1, 2009. This means that In a press release issued on March 31, 2009, the International Organization of Securities Commissions (IOSCO), self-described as the leading international policy forum and cooperative forum for securities regulators, announced that 52 of its members are On November 26, 2008, the Finance Committee of Taiwan's Legislative Yuan did an initial consideration of certain revisions to the Securities Exchange Act that would tighten the regulation of insider trading. Highlights of the proposed changes On October 20, 2008, the Finance Committee of Taiwan's Legislative Yuan approved going ahead with amending the Securities Exchange Act (promulgated on Apr. 30, 1968; last amended on May 30, 2006, in force on July 1,... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Thu, 04 Dec 2008 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l20540810_text Global Legal Monitor: Thailand: New Reporting Requirements for Mutual Funds http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l20540806_text Securities - On September 10, 2013, the European Parliament endorsed a draft Regulation on Insider Dealing and Market Manipulation. 659 Members voted in favor, with 20 voting against and 28 abstentions. (Tougher Sanctions for Financial On July 19, 2011, Indonesia's House of Representatives, the country's legislative body, passed a new law on futures trading, revising the 1997 Law on Commodity Futures Trade (Act No. 32, 1997). According to Indonesian Trade Minister On February 11, 2011, Hong Kong's Securities and Futures Commission (SFC) issued consultative conclusions on proposed amendments to its Draft Guidelines on the disclosure of price-sensitive information, i.e., insider trading. (Consultation Paper on the Draft The United Stock Exchange of India, launched on September 21, 2010, is a new exchange for currency derivatives, or "contracts between sellers and buyers, whose values are derived from the underlying assets, the currency amounts." Such The Financial Services Authority (FSA), the independent body in charge of regulating financial services in the United Kingdom, has issued the largest fine to an individual in its history -- andpound;2.8 million (about US$4.4 million) to On January 28, 2010, the Australian federal government announced plans to increase the maximum penalties that can be imposed for market misconduct. The Australian Securities and Investment Commission (ASIC) will also have greater powers to investigate On September 15, 2009, the Shenzhen Stock Exchange issued the "Implementing Rules on Listing and Trading of Shares with Sale Restrictions of Listed Companies on the Small and Medium-Sized Enterprise Board (Amended in 2009)" (ISINOLAW Reference The United States Court of Appeals for the Second Circuit has ruled that a computer hacker who uses deceptive means to obtain advance information about a company's financial reports can be sued for fraud under the The China Securities Regulatory Commission (CSRC) released rules on initial public offerings for the Growth Enterprise Market (China GEM) on March 31, 2009. The rules will enter into effect on May 1, 2009. This means that In a press release issued on March 31, 2009, the International Organization of Securities Commissions (IOSCO), self-described as the leading international policy forum and cooperative forum for securities regulators, announced that 52 of its members are On November 26, 2008, the Finance Committee of Taiwan's Legislative Yuan did an initial consideration of certain revisions to the Securities Exchange Act that would tighten the regulation of insider trading. Highlights of the proposed changes On October 20, 2008, the Finance Committee of Taiwan's Legislative Yuan approved going ahead with amending the Securities Exchange Act (promulgated on Apr. 30, 1968; last amended on May 30, 2006, in force on July 1, It was reported on October 30, 2008, that mutual fund companies in Thailand, with the exception of property funds, must now disclose their portfolio holdings on a monthly basis, rather than every six months. More specifically,... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Wed, 26 Nov 2008 12:00:00 EST http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l20540806_text Global Legal Monitor: Taiwan: Two-Week Ban Was Imposed on Short Selling http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l20540722_text Securities - On September 10, 2013, the European Parliament endorsed a draft Regulation on Insider Dealing and Market Manipulation. 659 Members voted in favor, with 20 voting against and 28 abstentions. (Tougher Sanctions for Financial On July 19, 2011, Indonesia's House of Representatives, the country's legislative body, passed a new law on futures trading, revising the 1997 Law on Commodity Futures Trade (Act No. 32, 1997). According to Indonesian Trade Minister On February 11, 2011, Hong Kong's Securities and Futures Commission (SFC) issued consultative conclusions on proposed amendments to its Draft Guidelines on the disclosure of price-sensitive information, i.e., insider trading. (Consultation Paper on the Draft The United Stock Exchange of India, launched on September 21, 2010, is a new exchange for currency derivatives, or "contracts between sellers and buyers, whose values are derived from the underlying assets, the currency amounts." Such The Financial Services Authority (FSA), the independent body in charge of regulating financial services in the United Kingdom, has issued the largest fine to an individual in its history -- andpound;2.8 million (about US$4.4 million) to On January 28, 2010, the Australian federal government announced plans to increase the maximum penalties that can be imposed for market misconduct. The Australian Securities and Investment Commission (ASIC) will also have greater powers to investigate On September 15, 2009, the Shenzhen Stock Exchange issued the "Implementing Rules on Listing and Trading of Shares with Sale Restrictions of Listed Companies on the Small and Medium-Sized Enterprise Board (Amended in 2009)" (ISINOLAW Reference The United States Court of Appeals for the Second Circuit has ruled that a computer hacker who uses deceptive means to obtain advance information about a company's financial reports can be sued for fraud under the The China Securities Regulatory Commission (CSRC) released rules on initial public offerings for the Growth Enterprise Market (China GEM) on March 31, 2009. The rules will enter into effect on May 1, 2009. This means that In a press release issued on March 31, 2009, the International Organization of Securities Commissions (IOSCO), self-described as the leading international policy forum and cooperative forum for securities regulators, announced that 52 of its members are On November 26, 2008, the Finance Committee of Taiwan's Legislative Yuan did an initial consideration of certain revisions to the Securities Exchange Act that would tighten the regulation of insider trading. Highlights of the proposed changes On October 20, 2008, the Finance Committee of Taiwan's Legislative Yuan approved going ahead with amending the Securities Exchange Act (promulgated on Apr. 30, 1968; last amended on May 30, 2006, in force on July 1, It was reported on October 30, 2008, that mutual fund companies in Thailand, with the exception of property funds, must now disclose their portfolio holdings on a monthly basis, rather than every six months. More specifically, It was reported on October 1, 2008, that Taiwan's Financial Supervisory Commission (FSC) had imposed a ban on short selling of borrowed securities and selling on margin for two weeks, until October 14. The FSC had... The Global Legal Monitor from the Law Library of Congress covers legal news and developments worldwide. Wed, 15 Oct 2008 12:00:00 EDT http://www.loc.gov/lawweb/servlet/lloc_news?disp3_l20540722_text