(31)Research and estimates developed from publicly available data should not be regarded as inside information and, therefore, any transaction carried out on the basis of such research or estimates should not be deemed in itself to constitute insider dealing within the meaning of this Directive.
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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 31 changes in this version: compare with the current text.