The Offense of Capital Market Manipulation

Abstract

The novelty and use of current technology in stock exchange trading operations are just a few reasons why the capital market domain is a controversial one, and the number of crimes already committed in the financial market raises the issue of securing the supply-demand relationship of capital and capital investment protection. If in the Community law, there is no incrimination of market abuse, the Romanian legislature sanctioned the capital market manipulation as criminal acts committed intentionally in order to discourage such practices and also to increase the confidence of investors in the financial market.