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VIRTUALLY NO LIABILITY?: SECURITIES MARKETS IN AN ELECTRONIC AGE AN ISSUES PAPER
Table of Contents

Terms of Reference

The implications for the Corporations Law, the Australian Securities Commission and securities exchanges of global electronic capital raising and share-trading, with particular reference to:

    a) the availability of prescribed information in electronic form;

    b) the publication in electronic form of advice or rumours about shares;

    c) electronic share hawking;

    d) the need to recognise the changing roles and activities of participants in securities markets;

    e) determining the legal, accounting and other rules that should govern electronic capital raising and share-trading, including the international legal ramifications;

    f) determining how rules might be enforced; and

    g) ensuring the security of information provided electronically and transactions conducted electronically.


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