Русско-англо-русский юридический словарь

The new legislation includes:

• July 2010 Federal Law 224-FZ "On Countering the Illegal Use of Insider Information and Market Manipulation and on Amendments to Certain Legislative Acts of the Russian Federation" (Insider Law), effective as of the end of January 27, 2011 except as to certain criminal penalties, which come into effect within one to three years after initial publication; (Russian Federation: Detailed Assessment of Observance of IOSCO Objectives and Principles of Securities Regulation, by the International Monetary Fund)

Material Nonpublic Information is information that would affect the market value or trading of a security and that has not been disseminated to the general public. It is considered insider information. (Corporate Finance Institute)