Использование и передача инсайдерской информации в законодательных органах в России и США

Право. Журнал Высшей школы экономики. 2014. № 2. С. 101–112.

Bikbulatov T.

The article attempts to cover the issues related to possible official misconduct of the members of RF  legislative bodies in light of criminal law protection of insider information. Criminal liability for abuse of  insider information was introduced under Federal law of July 27, 2010 no. 224. The adoption of the law  has allowed introducing a number of brand new in Russian law concepts including article 185.6 to the  Russian Federation Criminal Code. However, representatives of state bodies including legislative have  access to the information considered to be insider. The aim of the paper is a system analysis of criminal  legislation on insider information abuse, i.e. the issue of the absence of the representatives of legislative  bodies among the subjects of crime under article 186.5 of the Russian Federation Criminal Code.  To achieve the goal the following objectives should be solved: specify the types of subjects liable for  abusing insider information, reveal the necessity and public danger of using insider information among  officials and US congressmen. The object of the research is public relations arising due to the insider  information circulation able to influence the prices for organized market (of securities, currency, goods)  as well as due to the breach of the order of addressing such information. The theoretical provisions and  practical suggestions may be applied to develop legislative initiatives, serve a basis for further research  on criminal law protection of organized market (of securities, currency, goods).   

Keywords: уголовная ответственность, коррупция, правоприменение, corruption, инсайдерская информация, Criminal liability, insider information, Criminal code of Russian Federation, Уголовный кодекс Российской Федерации, legislative bodies, enforcement, законодательные органы