Securities Markets Act 1988

  • repealed
  • Securities Markets Act 1988: repealed, on 1 December 2014, by section 4(1)(b) of the Financial Markets (Repeals and Amendments) Act 2013 (2013 No 70).
  • Previous title has changed
8E Information insider must not advise or encourage trading
  • An information insider (A) of a public issuer must not—

    • (a) advise or encourage another person (B) to trade or hold securities of the public issuer:

    • (b) advise or encourage B to advise or encourage another person (C) to trade or hold those securities.

    Section 8E: inserted, on 29 February 2008, by section 5 of the Securities Markets Amendment Act 2006 (2006 No 47).