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Friday, July 1, 1994
Volume:
10
Issue:
7
263
Abstract:
The German upper house of Parliament decided on July 8, 1994, that insider trading will be criminalized and punishable by imprisonment for up to five years. The Federal Supervisory Office for Securities Trading will monitor the new law in Germany, and cooperate with other countries on the law as well. Potentially, this will strengthen German financial markets...[more]...