Market abuse consists of insider dealing and market manipulation. The objective of legislation against insider dealing is the same as that of legislation against market manipulation: to ensure the integrity of Community financial markets and to enhance investor confidence in those markets. It is therefore advisable to adopt combined rules to combat both insider dealing and market manipulation. A single Directive will ensure throughout the Community the same framework for allocation of responsibilities, enforcement and cooperation.
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New version applies from 04/01/2011 — introduced by Directive 2010/78/EU.
52 provisions change.
Later versions: 03/07/2016.
Recital 12 changes in this version: compare with the current text.