Le délit d'initié dans le marché du capital

The development in technology and economy in the world in parallel, the commitment of economical crimes in the trade life and the Capital Marked was increased. What I explain in this article is insider trading that is the illegal using of the secret undeclared information which can influence the value prospective of the share certificates in the capital marked, and the unjust earning from this illegal using. In Turkey, this crime was added to the Capital Market Code on 1992, but there is still any serious qualitative sanctions. Additionally, prouves of this crime could not be fixed exactly. In this article, I intended to explain the elements of insider trading in detail, and to compare the Capital Market Code in validity with foreigner laws and the draft of the Capital Marked Code.