Sisäpiiriohjeet
Sisäpiiriohjeet are rules and guidelines related to insider information within a company, particularly concerning publicly traded securities. These directives are crucial for maintaining market integrity and preventing unfair advantages. They typically define what constitutes insider information, which is non-public information that, if made public, would likely have a significant effect on the price of a company's securities. Sisäpiiriohjeet outline specific prohibitions for individuals deemed to be insiders, such as company executives, board members, and sometimes employees who have access to sensitive data. These prohibitions often include trading in the company's securities during certain periods, such as before financial results are announced, and disclosing insider information to others who might trade on it. The purpose of these guidelines is to ensure that all investors have access to the same information at the same time, fostering a fair and transparent market. Failure to comply with sisäpiiriohjeet can lead to severe legal and financial penalties, including fines and imprisonment. Companies are responsible for establishing and enforcing these internal policies, and regulatory bodies often oversee their implementation.