22 September 2017 (Sydney): Professor Mike Aitken AM, CEO of the Capital Markets Cooperative Research Centre (CMCRC) and Australian Innovator of the Year, described a new trading and settlement technology as “better than blockchain” at an Innovation Summit in Sydney this week. The technology was developed by Digital Financial Instruments, a spin-off company of CMCRC.
In the US, shareholders can form a class action to sue a company under S10b-5 of the Securities Exchange Act for allegedly releasing misleading information, or for failing to disclose material information. The substantial cost of litigation, and its associated impact on shareholder value, has prompted debate over whether to reform access to the shareholder
Contact CMCRC for this article Author(s): Yuming Ou, Longbing Cao, Chao Luo and Li Liu
Contact CMCRC for this article Author(s): Yanshan Xiao, Feiqi Deng, Bo Liu, Shouqiang Liu, Dan Luo, Guohua Liang
Are rules and their enforcement effective at mitigating insider trading? A study shows that rules and surveillance together have the potential to mitigate the perpetration of market manipulation but also to exacerbate the profits from such manipulative activities. Insider trading can be facilitated by several forms of market manipulation that are not, strictly speaking, by