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The right to information and the capital market

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

Juridical Tribune - Review of Comparative and International Law, 2018, vol. 8, issue 1, 138-146

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.

Keywords: right to information; capital market; securities; privileged information. (search for similar items in EconPapers)
JEL-codes: K10 K22 (search for similar items in EconPapers)
Date: 2018
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