O risco permitido e o crime de manipulação de mercado no âmbito europeu

Abstract

This paper is going to approach the legal risk delimitation on european market creation operations. This operations tends to increase the financial markets risks and may influencing the supply and demand shares in financial markets, what can be approach from market manipulation. The regulation of these practices is carried out by soft law measures, which can help in market manipulation offense definition. Will be addressed the cases of short selling, high-frequency tradings, price stabilization, liquidity contracts and scalping.