ELEMENTS OF COMPARATIVE LAW REGARDING THE PROTECTION OF SECURITIES UNDER CRIMINAL LAW

The advantages of investing the available money resources through financial instruments, capital market transactions, are speculated by the companies that need funding and who propose potential investors several types of securities, and not infrequently, the capital market participants turn to various methods in order to influence the investment decision, methods that violate the prudential or conduct rules laid down at the market level through the regulatory framework. Given the importance of the principle of investor protection, the national laws of EU Member States and the Community regulatory framework for securities do not exclude, on the contrary, ascertain the right to criminalize the deeds that affect securities and transactions.