Insider trading

the legislative evolution of the breach of confidentiality in large corporations

Authors

  • Bruna Cristina da Silva Franco
  • Cláudio Henrique Martins Soares
  • Gabriella Moreira Carvalho Silvam
  • Carlos Henrique Passos Mairink

Keywords:

insider trading, misuse of inside information, capital market, comissão de valores mobiliários

Abstract

The regulation of the capital market in Brazil does not have solidity and doctrinal unanimity about its devices. Therefore, the study of one of the illicit crimes in the Brazilian legal system is interesting to analyze how prevention and repression of crimes against the capital market has been developed. The insider trading affects not only the investor who does not have access to inside information, but the entire market because it undermines the confidence of those who trade in it. This monograph discusses the norms that constitute the prevention and repression of insider trading, in order to understand what they represent and how they have evolved to strengthen the protection of the capital market, noting not only the legislation itself, but recent cases that have been judged by the Comissão de Valores Mobiliários - CVM and the path that the laws surrounding the crime in question are taking in this strengthening.

Published

2021-12-17

How to Cite

Franco, B. C. da S., Soares, C. H. M., Silvam, G. M. C., & Mairink, C. H. P. (2021). Insider trading: the legislative evolution of the breach of confidentiality in large corporations. LIBERTAS DIREITO, 2(2). Retrieved from https://periodicos.famig.edu.br/index.php/direito/article/view/72