Japan's Reit insider trading reform

• Autores: Toru Takayama
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 5 (Jun2014), 2014
• Idioma: inglés
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• Resumen

  • The article focuses on the Act for the Amendment of the Financial Instruments and Exchange Act in Japan, which introduces insider trading regulations applicable to listed investment corporations, typically Japanese real estate investment trusts. Topics discussed include a provision prohibiting the sale and purchase of investment securities of listed investment corporations, and its silence with respect to the disclosure of non-public material information to a third person.