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The right to information and the capital market

Author

Listed:
  • Alina Popescu

    (Ph. D Student, the Bucharest University of Economic Studies)

Abstract

The right to information, the citizen's fundamental right, must be regarded as a right whose scope is wider, to the extent of social evolution. More and more often, the need for individual information is observed in the most diverse areas, including the economic field. In my opinion, economic information cannot be approached without reference to information regarding capital markets. The information provided to investors must be upto-date, real, not likely to distort the natural course of the market or be manipulative or misleading. Citizens need market information as an individual right to information, but society as a whole needs well-informed citizens with a minimal economic and financial culture, in order to develop harmoniously and avoid potential attacks on system stability. A relevant, accurate and current piece of information provides the investor with protection and gives him the opportunity to make informed economic and financial decisions. Also, free movement of capital market information, within the limits of competition rules, provides the guarantee of a stable, fair and risk-free market.

Suggested Citation

  • Alina Popescu, 2018. "The right to information and the capital market," Juridical Tribune - Review of Comparative and International Law, Bucharest Academy of Economic Studies, vol. 8(1), pages 138-146, March.
  • Handle: RePEc:asr:journl:v:8:y:2018:i:1:p:138-146
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    More about this item

    Keywords

    right to information; capital market; securities; privileged information.;
    All these keywords.

    JEL classification:

    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

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