INSIDER TRADING RULES IN THE NETHERLANDS ANTILLES
Insider trading is prohibited
The Netherlands Antilles Ordinance on the Supervision of Stock Exchanges 1998 contains articles regarding insider trading/dealing. These articles (8 and 9) contain certain rules with respect to “insider dealing” transactions performed in or from the Netherlands Antilles.
In general it is prohibited for anyone (including an issuer), once it is reasonable to assume that securities will be listed, to enter into or bring about a transaction concerning such securities in or from the Netherlands Antilles when in possession of advance knowledge with respect to the issuing company or the trade of its securities.
Karel Frielink
Curacao-based Attorney (lawyer) / Partner
03
Jan
2007
CATEGORY
COMMENTS
No Comments
