Criminal Liability for Use of Classified
Information Produced in the Course
of the Legislative Process
The article discusses the problem of insider trading based on information derived
from the legislative process. The author reviews and comments on the regulation
of insider trading in Poland and the European Union and draws comparative conclusions
with the corresponding laws applicable in the United States of America.
The author’s aim is to depict how information derived from the legislative process
is being protected by the said regulations. In order to emphasize the significance
of the issue the author gives practical examples of the correlation between the
price of financial instruments and the legislative process.