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of insider information, and market manipulation. Insider dealing refers to the use of confidential information to gain unfair profits in the financial markets. The MAD prohibits any individual from using privileged information to make trades or encourage others to do so. Unlawful disclosure of insider information is another form of market abuse that occurs when confidential information is shared with others who may use it to gain an unfair advantage. The MAD requires companies to disclose any inside information that may affect the value of their

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