Important Points to be Considered by Investors

Insider trading and manipulation are defined as offences according to the Capital Markets Law numbered 2499 and the person who accomplices in or commits the mentioned offences shall be sued with a prison sentence from two to five years and a heavy pecuniary fine as provided in the law. Capital market investors may accomplice in or commit the mentioned offences intentionally or unintentionally. Considering the criminal sanctions for insider trading and manipulation, capital market investors should be aware of the regulations and avoid similar actions exemplified below:

  • Do not deal based on investment recommendations made by unreliable sources
  • Always deal with the authorized intermediaries and licensed dealers
  • Do not confer procuration to untrusty persons
  • Do not deal on behalf of anybody for any reason
  • Avoid acting together with an investor or a group of investors
  • Do not take investment decisions before analyzing the researches of market professionals
  • Before dealing based on an information having the possibility to affect the value of a financial instrument, check if the information is publicly known
  • Do not share any information having the possibility to affect the value of a financial instrument until it is available to public
  • Do not disseminate false or misleading information which have the possibility to affect the value of a financial instrument
  • Avoid carrying out concerted actions for the purpose of raising, depressing or stabilizing the price of a contract