Media Advisory - Does Canada have an insider trading problem? Canada's disclosure system needs fixing- New report to be released tomorrow

CALGARY, Oct. 11, 2016 /CNW/ - Insider trading is a concern for securities regulators. Firms are required to disclose the issuing of stock options to their highest-level executives in their annual information circulars. But are the insiders being given those options complying with the disclosure rules?   Do the rules need tightening to ensure compliance and transparency? 

Tomorrow, The School of Public Policy with author, Prof. Lindsay M. Tedds will release a report that provides 15 years of data analysis investigating compliance with insider disclosure rules in Canada.  It will show that despite current regulations, that many stock options are not disclosed.  The paper will also offer guidance to regulators about how to fix a system that has credibility impacting holes.

SOURCE The School of Public Policy - University of Calgary

or to arrange an interview with the author, please contact: Morten Paulsen, 403.220.2540, [email protected]