On the essence of market manipulation

DOI: 10.33917/mic-2.91.2020.88-97

Since the strengthening of fluctuations in the world commodity and financial markets and the exposure of the financial system of the Russian Federation to global risks has identified a place among the main challenges and threats to the security of the domestic economic system, the article provides an overview of various scientific points of view regarding such a speculative phenomenon as market manipulation. Clarification of the nature of manipulation as a complex process that requires a systematic approach to elucidating the essence of the phenomenon should contribute to the administrative and criminal prosecution of manipulators.

References:

1. On countering the misuse of insider information and market manipulation and on making changes to certain legislative acts of the Russian Federation [Electronic resource]: Federal law № 224-FZ of 27.07.2010. – Access from the reference legal system «ConsultantPlus».

2. On organized auctions [Electronic resource]: Federal law of 21.11.2011 № 325-FZ. – Access from the reference legal system «ConsultantPlus».

3. Bobkov O. V. market Manipulation: problems of effectiveness of criminal law prohibition //Legal science and law enforcement practice. 2017. № 2 (40).

4. Gaivoronskaya A. A. Content of intentions in the study of manipular influence of media information [Electronic resource]. – Access mode: http://mic.org.ru/1-vypusk/13-1-mass-media/25-grayvoronskaya-1 (date accessed: 26.02.2020).

5. Yemelyanova E. A. Concepts of insider information and market manipulation in Russian and foreign legislation: comparative legal aspect //Bulletin of Saint Petersburg University. Right. 2012. № 3.

6. Zhirkin K. D. Features of the Russian stock market as a factor of efficiency of using technical analysis methods //Actual issues of economic Sciences [Electronic resource]. – Access mode: https://www.elibrary.ru/item.asp?id=21196818 (date accessed: 21.02.2020).

7. Ivchenko A. A. Criminalistic features of market manipulation and their significance for the formation of a private investigation methodology //Criminal procedure and criminalistics readings: materials of the international scientific and practical Internet conference, Irkutsk, April 16-30, 2012 Irkutsk: Publishing house bguep, 2012.

8. Katasonov V. Yu. About interest: loan, court, reckless. «Monetary civilization» and the modern crisis. Moscow: Oxygen Publishing house, 2014.

9. Koltysheva E. Yu. Manipulative influence in the modern advertising text (based on the material of English-language glossy magazines for women): author. dis. Cand. Philol. sciences’. Yaroslavl: YAGPU named after K. D. Ushinsky, 2008.

10. Bezrukova V. S. Fundamentals of spiritual culture (teacher’s encyclopedia). Yekaterinburg, 2000.

11. Putin surprised the growth of gasoline prices in Russia [Electronic resource]. – Access mode: https://www.rbc.ru/rbcfreenews/5e70eff79a79472d3c0e2e7a (date accessed: 19.03.2020).

12. Raizberg B. A., Lozovsky L. sh., Starodubtseva E. B. Modern economic dictionary. – 2nd ed., ISPR. M.: INFRA-M, 1999.

13. Roy L. V., Tretyak V. P. Analysis of industry markets: textbook. Moscow: Prospect, 2020.

14. Rytchenko T. A., Tatarkova N. V. Psychology of business relations. M: MESI, 2005.

15. Soros J. Alchemy of Finance. Moscow: INFRA-M, 2001.

16. Criminal law. Special part: Textbook. Ed. 2nd ISPR. and DOP. / under the editorship of Dr. Jurid. Sciences, Professor L. V. Inogamova-Khegay, d-RA yurid. Sciences, Professor A. I. Rarog, d-RA yurid. Sciences, Professor A. I. Chukaeva. M., 2008.

17. Kharlamova T. M. Psychology of influence [Electronic resource]. – Access mode: http://thelib.ru/books/read.html (date accessed: 26.02.2020).

18. Filippenkov Yu. V., Tinkov A. O. Legal control of manipulation and insider trading on the Russian stock market / Scientific works of the Free economic society of Russia, Vol. 219. M., 2019.

19. Stage D. Changes in the German legislation regulating insider trading and market abuse: a critical analysis of the legislation // Crimes in the sphere of economy: Russian and European experience: collection of materials of the VIII Russian-German round table / ed. Coll. A. I. Rarog, T. G. Poniatovskaya. M., 2018.

20. Włodzimierz Wąsowski. Stock market manipulation: from false information to fraud and crime [Electronic resource]. – Access mode: https://www.gpw.pl ” biblioteka-gpw-pobierz (date accessed: 19.02.2020).

21.Stock market smarts, or how to manipulate the stock market [Electronic resource]. – Access mode: https://www.bankier.pl/wiadomosc/Gieldowi-cwaniacy-czyli-jak-manipulowac-na-gieldzie-2510456.html (date accessed: 20.02.2020).

22. Manipulation of financial instruments cz. 1/2 [Electronic resource]. – Mode of access: https://www.ncbiuletyn.pl/czytaj/1552-manipulacja-instrumentami-finansowymi-cz-1-2.html (date accessed: 20.02.2020).

23. Market maker: who is this on the stock market, Forex and securities market [Electronic resource]. – Mode of access: https://strategy4you.ru/finansovaya-gramotnost/market-mejker.html (date accessed: 19.02.2020).

24. Currency: the ruble plunged even more [Electronic resource]. – Access mode: https://finance.rambler.ru/markets/43812743-kurs-valyuty-rubl-obvalilsya-esche-silnee (dates of reference: 10.03.2020, 19.03.2020, 24.03.2020).

25. The Cost of the project of transition to the Crimea exceeded 300 billion rubles [Electronic resource]. – Mode of access: https://www.vedomosti.ru/economics/articles/2017/02/01/675698-zatrati-kerchenskogo-mosta (date accessed: 19.02.2020).