Managing the conflict of interests of the stock market in the mirror of legislative norms

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Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:
The stock market is currently one of the most important areas of communication and interaction between government and citizens. Citizens who invest in this market expect the government to act in a transparent and law-abiding manner to protect the interests of investors. One of the important manifestations of the government's trustworthy behavior is the prevention and fight against corruption in this area to ensure the dynamism and predictability of the stock market for investors and the country's economy. Prevention and management of conflict of interest in the stock market and securities is the main example of prevention and fight against corruption. After analyzing the rules and regulations in the legislative sphere of the country, we can see examples of norms governing conflicts of interest in the stock market, but these rules and regulations must be developed and include all instances of conflicts of interest. Currently, such as declaration of assets, transparency and disclosure, prohibition of simultaneous employment, prohibition of parallel activities with public duties, prohibition of participation of stakeholders in official decisions, maintaining neutrality, protection of confidential information, prohibition of ownership or ownership of shares Decision-makers and battalion leaders are provided for in the rules and regulations; But this chain can be completed and comprehensive conflict of interest management guaranteed in this area.
Language:
Persian
Published:
Journal of Modern Research on Administrative Law, Volume:2 Issue: 5, 2021
Pages:
165 to 189
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