1638 results

New laws gov­ern­ing pub­lic access to share reg­is­ters aimed at unso­licit­ed share offers

In brief — Restrict­ed access aimed at unso­licit­ed share offers The gov­ern­ment recent­ly brought into force new laws reg­u­lat­ing access to share reg­is­ters. Although aimed pri­mar­i­ly at unso­licit­ed share offers, the Cor­po­ra­tions Amend­ment (No 1) Act 2010 restricts access to reg­is­ters for a far wider range of users. How the Act works  Pre­vi­ous­ly any…

New rules on black­out peri­ods and trad­ing win­dows for trad­ing in list­ed com­pa­ny shares

In brief — List­ed com­pa­nies now need a trad­ing policy From 1 Jan­u­ary 2011 list­ed com­pa­nies are required under ASX List­ing Rule 12.9 to adopt a trad­ing pol­i­cy. Trad­ing poli­cies are designed to reduce the poten­tial for con­flicts of inter­est and insid­er trading. Black­out periods  Dur­ing a black­out peri­od, direc­tors and senior staff are pre­vent­ed from trad­ing…