Book IV: Markets

I. – The penalties provided for in A of I of Article L. 465-1 shall apply if any of the persons referred to in the same Article L. 465-1 recommends that one or more transactions be carried out on the financial instruments to which the inside information relates or encourages such transactions to be carried out on the basis of this inside information. II. – The offence provided for in…

I. – The penalties provided for in A of I of Article L. 465-1 shall be punishable by the penalties provided for in A of I of Article L. 465-1 if a person in possession of inside information concerning an issuer in which he or she holds the position of chief executive officer, chairman, member of the management board, manager, member of the board of directors, member of the supervisory…

I. – A. – The penalties provided for in A of I of Article L. 465-1 shall apply to any person who carries out a transaction, places an order or behaves in such a way as to give, or be likely to give, misleading indications as to the supply, demand or price of a financial instrument or who fixes, or is likely to fix, the price of a financial instrument…

I. – Any person who, by any means, disseminates information that gives false or misleading information about the situation or prospects of an issuer or about the supply, demand or price of a financial instrument or that sets or is likely to set the price of a financial instrument at an abnormal or artificial level shall be liable to the penalties provided for in A of I of Article L….

I. – The penalties provided for in A of I of Article L. 465-1 shall apply to any person who: 1° Provide or transmit false or misleading data or information used to calculate a benchmark index or information likely to distort the price of a financial instrument or an asset to which such an index is linked ; 2° Engaging in any other behaviour that results in the manipulation of…

I. – This section applies to 1° to financial instruments traded on a trading venue or for which a request for admission to trading on a trading venue has been submitted ; 2° Financial instruments other than those referred to in 1° whose price or value depends on the price or value of a financial instrument referred to in 1° or whose price or value has an effect on the…

I. – Legal entities declared to be criminally liable, under the conditions set out inarticle 121-2 of the French Criminal Code, for the offences defined in articles L. 465-1 to L. 465-3-3 of this Code shall incur, in addition to the fine set out inarticle 131-38 of the French Criminal Code, the penalties set out in article 131-39 of the same Code. The fine may be increased to 15% of…

I. – The Financial Public Prosecutor may not initiate public proceedings for the application of the penalties provided for in this section when the Autorité des marchés financiers has served a statement of objections in respect of the same facts and the same person pursuant to Article L. 621-15. The Autorité des marchés financiers may not issue a statement of objections against a person in respect of whom the public…