İçeriden Öğrenenler Ticaretine Yaklaşımlar

İçeriden öğrenenler ticareti, piyasaların şeffaflığını engellemekte ve yatırımcıların piyasaya güvenini sarsmaktadır. İçeriden öğrenenler ticareti günümüzde birçok finansal piyasada yasaklanmış olmasına rağmen, yasaklanması veya serbest bırakılması konusunda literatürde halen görüş birliğine varılamamıştır. Menkul kıymet borsası bulunan ülke sayısındaki artışla birlikte, içeriden öğrenenler ticaretinin engellenmesine yönelik düzenlemede bulunan ülke sayısında da artış yaşanmıştır. Fakat bu ülkelerden yarısından daha azı, söz konusu düzenlemeleri uygulamaktadır. Bu çalışmada, içeriden öğrenenler ticaretini destekleyici ve yasaklayıcı yaklaşımlar incelenmiş olup; konu sosyolojik, ekonomik ve hukuki boyutlarıyla ele alınmıştır. Çalışmada, içeriden öğrenenler ticaretinin yatırımcılar başta olma üzere, piyasa oyuncularına sosyoekonomik etkilerinin test edilerek tartışılması gerektiği sonucuna ulaşılmıştır.

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