Research upon Implementing Effective Controls Against Abusive Market Practices Within Romanian Investment Firms

Ioan-Ovidiu Spatacean () and Anca Cerghizan
Additional contact information
Ioan-Ovidiu Spatacean: Universitatea "Petru Maior" din Tirgu-Mures, Str. Nicolae Iorga nr.1, Tirgu-Mures, Mures, 540088, Romania
Anca Cerghizan: Universitatea "Petru Maior" din Tirgu-Mures, Str. Nicolae Iorga nr.1, Tirgu-Mures, Mures, 540088, Romania

Acta Marisiensis. Series Oeconomica, 2014, vol. 1, 45-61

Abstract: This article presents investment firms, especially brokerage companies, in terms of violations of regulations and legislation related to capital market. The first stage of the research hilights the responsibilities of investment firms from Romania to prevent fraudulent practices and market abuse. In the second study we aim to identify possible deviations of governance structures and how they were punished by F.S.A. The last part presents some important cases of fraud and market manipulations made by investment firms.

Keywords: investment firm; market abuse; fraudulent practices; internal control; investors; MiFID Directive. (search for similar items in EconPapers)
JEL-codes: G22 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
https://oeconomica.umfst.ro/O_VIII/45%20-%2061%20C ... Anca%20CERGHIZAN.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pmu:oecono:v:1:y:2014:p:45-61

Access Statistics for this article

More articles in Acta Marisiensis. Series Oeconomica from "George Emil Palade" University of Medicine, Pharmacy, Sciences and Technology of Târgu-Mureș, România - Faculty of Economics and Law Contact information at EDIRC.
Bibliographic data for series maintained by Ion Cozac ().