Managed Investments and Insider Trading: Regulation and Liability
by Dr Charles Zhen Qu

Managed investment insiders have more opportunities to take advantage of inside information than ordinary corporate insiders and their insider trading activities can be very harmful. Surprisingly, little study has been done on insider trading in the managed investment context.

This book studies one aspect of the law of insider trading in the context of managed investments, namely, the availability of causes of actions and attainability of civil remedies to claimants against insider dealers within Australia’s unit trust managed investment industry.

This study is carried out through:

(1) an examination of the methods and effects of insider dealing activities within the managed investment industry,

(2) a comparison between the advantages and limitations of actions under Australia’s statutory insider trading regime, and

(3) cause of actions and remedies available in general law.

This book provides a succinct overview of Australia’s managed investment and insider trading regulatory framework and details arguments on the efficacy of Australia’s statutory insider trading regime. It also debates on the extent to which remedies against insider dealers may be obtained in general law. Anyone who needs to know about the law on insider trading and managed investments will find this book very useful. This includes lawyers, financial service regulators, compliance professionals, academics, and students.

To order, please contact Sandstone Academic Press.