What does MAD stand for?

In the Communication, the European Commission states that the review of the Market Abuse Directive in 2010 "will extend relevant provisions in order to cover derivatives markets in a comprehensive fashion.

And MPs called on the Government to work with the authorities in the European Union to reform a market abuse directive, blamed for not allowing secret support to the Rock.

The FSA's market abuse directive lists seven types of illegal behaviour.

Norton Rose Group will be deploying Wall Builder to comply with information barrier recommendations established by the Solicitors Regulation Authority (SRA) and insider list management practices mandated by the Market Abuse Directive.

116(I) of 2005, implementing the EU Market Abuse Directive (2003/6/EU), the Cyprus Securities and Stock Exchange Law, 14(I) of 1993 and The Cyprus Securities and Exchange Commission (Establishment and Responsibilities) Law, number 64(I) of 2001; but also the Regulations made under the Cyprus Securities and Stock Exchange Law, and in particular the 1995 Regulations as amended.

King has previously argued over Rock that his hands had been tiedby the anti-intervention terms of the European Union Market Abuse Directive.

Because, he says, the European Union's Market Abuse Directive forbade him from doing so.

King told the Treasury Select Committee he had wanted to offer a 'covert' loanto Northern, but that the EU's Market Abuse Directive required such support tobe immediately disclosed to the Stock Exchange.