Unpacking selected key elements of the insider trading and market manipulation offences in South Africa

Authors Howard Chitimira

ISSN: 2521-2575
Affiliations: Associate Professor, Faculty of Law, North West University
Source: Journal of Corporate and Commercial Law & Practice, The, Volume 2 Issue 2, 2016, p. 24 – 41

Abstract

Market abuse (insider trading and market manipulation) practices that are prohibited in South Africa are briefly discussed in this article. Accordingly, this article discusses selected key elements of the insider trading and market manipulation prohibition in terms of the Financial Markets Act 19 of 2012. This is done to, inter alia, examine the adequacy of this prohibition in relation to the combating of market abuse in South Africa. To this end and where necessary, possible recommendations that could be utilised to enhance the curbing of market abuse activity in the South African financial markets will be made.