Insider trading: a CH-USA-EU comparison
In a few words
Find out how Switzerland, the United States and the European Union regulate insider trading and the risks it entails for financial intermediaries.
The course begins with an analysis of Swiss regulations, covering not only criminal sanctions but also the administrative sanctions that the FINMA applies when insider trading occurs.
The second part of the course focuses on the United States, laying out the legal definition of insider trading and emphasizing the concept of duty of loyalty. It further includes an explanation of the concept of tippee in the United States, as well as the essential role that federal mail and wire fraud legislation plays in prosecuting offences.
Finally, the course concludes with an overview of European regulations, focusing on insider information and insider dealing under European law.
Duration of recognised SAQ certification: 40 min