Issues include the scope of the markets and financial instruments, the ability of competent authorities to gain access to telephone records and other data and the obligation to draw up insiders' lists. Questions related to short-selling are also included.
The European Commission has launched a call for evidence on its review of the application of the Market Abuse Directive, including some preliminary findings and proposals to improve and simplify this Directive.
The Commission has identified some elements of the Directive that should be reviewed in order to improve its effectiveness and to reduce, where possible, unnecessary burdens. Questions related to short-selling are also included in the call for evidence.
- The scope of the markets and financial instruments covered by the Directive;
- The ability of listed issuers to delay disclosure of inside information;
- Disclosure of inside information by issuers of commodity derivatives;
- The ability of competent authorities to gain access to telephone records and other data;
- The obligation to draw up insiders' lists and to report the transactions of managers of issuers.
Deadline for comments is 10 June 2009.
Call for evidence
© European Commission
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