IOSCO has published an addendum to the IOSCO report on investigating and prosecuting market manipulation.
This report follows IOSCO's original report of May 2000 "Investigating and Prosecuting Market Manipulation" which presented the basic concepts underlying market manipulation, how and why market manipulation can occur and the tools used by different jurisdictions in detecting, investigating and prosecuting market manipulation. Developments in technology have however, enabled new market structures to evolve and impact the way in which market manipulation occurs and new methods of market manipulation have emerged.
The purpose of this addendum is to provide useful references both to IOSCO’s work and experiences of members of IOSCO and to reflect present day financial market conditions.
This report identifies the types of manipulative conduct and sets out tools for detecting, preventing and investigating market manipulation.
The Report is available on the IOSCO website.