The insider trading crime in Turkish Capital Market

The creation of a strong capital market passes through establishing an open, transparent and trustworthy environment for all market players. In order to ensure this, it is necessary that capital markets should be regulated in a way that actions that conflict with the reliability of the markets should be punished. Most important of those actions are legally defined as "Trade of information" or commonly known as "Insider trading". Insider trading crime is the direct or indirect use of non-public confidential information by individuals to gain an advantage while trading on the capital markets before public disclosure of that information. Non-public confidential information generally has a significant effect on the securities price and the individuals access to that information through their titles, responsibilities or positions in the organizations. In this study, insider trading crimes have been examined within the framework of criminal law and legal and practical deficiencies are presented with suggested solutions. Keywords: 1) Insider Trading Crime 2) Insider 3) Internal Information 4) Information Abuse