{"id":61165,"date":"2023-12-08T20:24:56","date_gmt":"2023-12-08T11:24:56","guid":{"rendered":"https:\/\/monolith.law\/cs\/?p=61165"},"modified":"2024-03-30T23:22:28","modified_gmt":"2024-03-30T14:22:28","slug":"investment-info-sns-regulation","status":"publish","type":"post","link":"https:\/\/monolith.law\/cs\/internet\/investment-info-sns-regulation","title":{"rendered":"Na co si d\u00e1t pozor p\u0159i sd\u00edlen\u00ed investi\u010dn\u00edch informac\u00ed na soci\u00e1ln\u00edch s\u00edt\u00edch? Vysv\u011btlen\u00ed krit\u00e9ri\u00ed pro \u0161\u00ed\u0159en\u00ed f\u00e1m, po\u0161kozov\u00e1n\u00ed cti a manipulace trhu"},"content":{"rendered":"\n<p>Nyn\u00ed je samoz\u0159ejmost\u00ed, \u017ee informace jsou \u0161\u00ed\u0159eny a sb\u00edr\u00e1ny prost\u0159ednictv\u00edm soci\u00e1ln\u00edch s\u00edt\u00ed. Zejm\u00e9na v oblasti investic je \u010dast\u00e9 vyu\u017eit\u00ed soci\u00e1ln\u00edch s\u00edt\u00ed d\u00edky jejich okam\u017eitosti a kompatibilit\u011b. Na soci\u00e1ln\u00edch s\u00edt\u00edch m\u016f\u017ee kdokoli snadno \u0161\u00ed\u0159it informace, ale ve skute\u010dnosti je t\u0159eba d\u00e1vat pozor, aby obsah investi\u010dn\u00edch informac\u00ed neodpov\u00eddal \u0161\u00ed\u0159en\u00ed f\u00e1m, pomluv\u00e1m nebo manipulaci trhu.<\/p>\n\n\n\n<p>V tomto \u010dl\u00e1nku podrobn\u011b vysv\u011btl\u00edme pr\u00e1vn\u00ed probl\u00e9my, na kter\u00e9 je t\u0159eba d\u00e1vat pozor p\u0159i \u0161\u00ed\u0159en\u00ed investi\u010dn\u00edch informac\u00ed.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_53 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/monolith.law\/cs\/internet\/investment-info-sns-regulation\/#Pravni_problemy_pri_sdileni_investicnich_informaci_na_socialnich_sitich\" title=\"Pr\u00e1vn\u00ed probl\u00e9my p\u0159i sd\u00edlen\u00ed investi\u010dn\u00edch informac\u00ed na soci\u00e1ln\u00edch s\u00edt\u00edch\">Pr\u00e1vn\u00ed probl\u00e9my p\u0159i sd\u00edlen\u00ed investi\u010dn\u00edch informac\u00ed na soci\u00e1ln\u00edch s\u00edt\u00edch<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/monolith.law\/cs\/internet\/investment-info-sns-regulation\/#Pripady_kdy_sireni_investicnich_informaci_na_SNS_muze_vest_k_pomluve_nebo_poskozeni_duveryhodnosti\" title=\"P\u0159\u00edpady, kdy \u0161\u00ed\u0159en\u00ed investi\u010dn\u00edch informac\u00ed na SNS m\u016f\u017ee v\u00e9st k pomluv\u011b nebo po\u0161kozen\u00ed d\u016fv\u011bryhodnosti\">P\u0159\u00edpady, kdy \u0161\u00ed\u0159en\u00ed investi\u010dn\u00edch informac\u00ed na SNS m\u016f\u017ee v\u00e9st k pomluv\u011b nebo po\u0161kozen\u00ed d\u016fv\u011bryhodnosti<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/monolith.law\/cs\/internet\/investment-info-sns-regulation\/#Podminky_pro_urceni_pomluvy\" title=\"Podm\u00ednky pro ur\u010den\u00ed pomluvy\">Podm\u00ednky pro ur\u010den\u00ed pomluvy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/monolith.law\/cs\/internet\/investment-info-sns-regulation\/#Podminky_pro_urceni_poskozeni_duveryhodnosti\" title=\"Podm\u00ednky pro ur\u010den\u00ed po\u0161kozen\u00ed d\u016fv\u011bryhodnosti\">Podm\u00ednky pro ur\u010den\u00ed po\u0161kozen\u00ed d\u016fv\u011bryhodnosti<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/monolith.law\/cs\/internet\/investment-info-sns-regulation\/#Pripady_kdy_sireni_investicnich_informaci_na_SNS_se_stava_sirenim_fam\" title=\"P\u0159\u00edpady, kdy \u0161\u00ed\u0159en\u00ed investi\u010dn\u00edch informac\u00ed na SNS se st\u00e1v\u00e1 \u0161\u00ed\u0159en\u00edm f\u00e1m\">P\u0159\u00edpady, kdy \u0161\u00ed\u0159en\u00ed investi\u010dn\u00edch informac\u00ed na SNS se st\u00e1v\u00e1 \u0161\u00ed\u0159en\u00edm f\u00e1m<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/monolith.law\/cs\/internet\/investment-info-sns-regulation\/#Co_je_sireni_fam\" title=\"Co je \u0161\u00ed\u0159en\u00ed f\u00e1m\">Co je \u0161\u00ed\u0159en\u00ed f\u00e1m<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/monolith.law\/cs\/internet\/investment-info-sns-regulation\/#Tresty_v_pripade_sireni_nepravdivych_zvesti\" title=\"Tresty v p\u0159\u00edpad\u011b \u0161\u00ed\u0159en\u00ed nepravdiv\u00fdch zv\u011bst\u00ed\">Tresty v p\u0159\u00edpad\u011b \u0161\u00ed\u0159en\u00ed nepravdiv\u00fdch zv\u011bst\u00ed<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/monolith.law\/cs\/internet\/investment-info-sns-regulation\/#Pripady_kdy_se_sireni_investicnich_informaci_na_SNS_stava_manipulaci_trhu\" title=\"P\u0159\u00edpady, kdy se \u0161\u00ed\u0159en\u00ed investi\u010dn\u00edch informac\u00ed na SNS st\u00e1v\u00e1 manipulac\u00ed trhu\">P\u0159\u00edpady, kdy se \u0161\u00ed\u0159en\u00ed investi\u010dn\u00edch informac\u00ed na SNS st\u00e1v\u00e1 manipulac\u00ed trhu<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/monolith.law\/cs\/internet\/investment-info-sns-regulation\/#Pozadavky_pro_posouzeni_manipulace_trhu\" title=\"Po\u017eadavky pro posouzen\u00ed manipulace trhu\">Po\u017eadavky pro posouzen\u00ed manipulace trhu<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/monolith.law\/cs\/internet\/investment-info-sns-regulation\/#Tresty_v_pripade_ze_je_shledano_manipulaci_s_trhem\" title=\"Tresty v p\u0159\u00edpad\u011b, \u017ee je shled\u00e1no manipulac\u00ed s trhem\">Tresty v p\u0159\u00edpad\u011b, \u017ee je shled\u00e1no manipulac\u00ed s trhem<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/monolith.law\/cs\/internet\/investment-info-sns-regulation\/#Porovnani_pozadavku_na_pomluvu_sireni_fam_a_manipulaci_trhu\" title=\"Porovn\u00e1n\u00ed po\u017eadavk\u016f na pomluvu, \u0161\u00ed\u0159en\u00ed f\u00e1m a manipulaci trhu\">Porovn\u00e1n\u00ed po\u017eadavk\u016f na pomluvu, \u0161\u00ed\u0159en\u00ed f\u00e1m a manipulaci trhu<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/monolith.law\/cs\/internet\/investment-info-sns-regulation\/#Shrnuti_Pravni_kontrola_pravnika_je_nezbytna_pro_sdileni_investicnich_informaci\" title=\"Shrnut\u00ed: Pr\u00e1vn\u00ed kontrola pr\u00e1vn\u00edka je nezbytn\u00e1 pro sd\u00edlen\u00ed investi\u010dn\u00edch informac\u00ed\">Shrnut\u00ed: Pr\u00e1vn\u00ed kontrola pr\u00e1vn\u00edka je nezbytn\u00e1 pro sd\u00edlen\u00ed investi\u010dn\u00edch informac\u00ed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/monolith.law\/cs\/internet\/investment-info-sns-regulation\/#Predstaveni_opatreni_nasi_kancelare\" title=\"P\u0159edstaven\u00ed opat\u0159en\u00ed na\u0161\u00ed kancel\u00e1\u0159e\">P\u0159edstaven\u00ed opat\u0159en\u00ed na\u0161\u00ed kancel\u00e1\u0159e<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pravni_problemy_pri_sdileni_investicnich_informaci_na_socialnich_sitich\"><\/span>Pr\u00e1vn\u00ed probl\u00e9my p\u0159i sd\u00edlen\u00ed investi\u010dn\u00edch informac\u00ed na soci\u00e1ln\u00edch s\u00edt\u00edch<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Sd\u00edlen\u00ed informac\u00ed o investic\u00edch na soci\u00e1ln\u00edch s\u00edt\u00edch m\u016f\u017ee m\u00edt vliv na r\u016fzn\u00e9 oblasti.<\/p>\n\n\n\n<p>Nap\u0159\u00edklad, kdy\u017e jsou investi\u010dn\u00ed informace sd\u00edleny na soci\u00e1ln\u00edch s\u00edt\u00edch, individu\u00e1ln\u00ed investo\u0159i d\u011blaj\u00ed investi\u010dn\u00ed rozhodnut\u00ed na z\u00e1klad\u011b t\u011bchto informac\u00ed. Pokud se \u0161\u00ed\u0159\u00ed nespr\u00e1vn\u00e9 informace nebo f\u00e1my, investo\u0159i mohou utrp\u011bt ztr\u00e1ty. Nav\u00edc, \u0161\u00ed\u0159en\u00ed informac\u00ed o investic\u00edch na soci\u00e1ln\u00edch s\u00edt\u00edch m\u016f\u017ee ovlivnit akciov\u00e9 ceny a hodnocen\u00ed spole\u010dnost\u00ed.<\/p>\n\n\n\n<p>Proto je t\u0159eba db\u00e1t na to, aby sd\u00edlen\u00ed investi\u010dn\u00edch informac\u00ed neporu\u0161ovalo regulace trestn\u00edho z\u00e1kon\u00edku, japonsk\u00e9ho z\u00e1kona o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi produkty (Financial Instruments and Exchange Act) a japonsk\u00e9ho z\u00e1kona o prevenci nespravedliv\u00e9 sout\u011b\u017ee (Unfair Competition Prevention Act). Zvl\u00e1\u0161t\u011b p\u0159i sd\u00edlen\u00ed investi\u010dn\u00edch informac\u00ed pomoc\u00ed soci\u00e1ln\u00edch s\u00edt\u00ed je t\u0159eba b\u00fdt opatrn\u00fd, proto\u017ee d\u00edky snadnosti sd\u00edlen\u00ed informac\u00ed a \u0161\u00ed\u0159en\u00ed soci\u00e1ln\u00edch s\u00edt\u00ed se investi\u010dn\u00ed informace mohou rychle roz\u0161\u00ed\u0159it mezi mnoho lid\u00ed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pripady_kdy_sireni_investicnich_informaci_na_SNS_muze_vest_k_pomluve_nebo_poskozeni_duveryhodnosti\"><\/span>P\u0159\u00edpady, kdy \u0161\u00ed\u0159en\u00ed investi\u010dn\u00edch informac\u00ed na SNS m\u016f\u017ee v\u00e9st k pomluv\u011b nebo po\u0161kozen\u00ed d\u016fv\u011bryhodnosti<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>P\u0159i \u0161\u00ed\u0159en\u00ed investi\u010dn\u00edch informac\u00ed na soci\u00e1ln\u00edch s\u00edt\u00edch m\u016f\u017ee doj\u00edt k situac\u00edm, kdy obsah t\u011bchto informac\u00ed m\u016f\u017ee po\u0161kodit pov\u011bst konkr\u00e9tn\u00ed firmy nebo sn\u00ed\u017eit jej\u00ed hodnocen\u00ed. V takov\u00fdch p\u0159\u00edpadech m\u016f\u017ee doj\u00edt k poru\u0161en\u00ed z\u00e1kona o pomluv\u011b (japonsk\u00fd trestn\u00ed z\u00e1kon\u00edk, \u010dl\u00e1nek 230, odstavec 1) nebo z\u00e1kona o po\u0161kozen\u00ed d\u016fv\u011bryhodnosti (japonsk\u00fd trestn\u00ed z\u00e1kon\u00edk, \u010dl\u00e1nek 233).<\/p>\n\n\n\n<p>Souvisej\u00edc\u00ed \u010dl\u00e1nek: <a href=\"https:\/\/monolith.law\/reputation\/corporation-compensation-for-damages\" target=\"_blank\" rel=\"noreferrer noopener\">Je mo\u017en\u00e9 po\u017eadovat n\u00e1hradu \u0161kody i pro pr\u00e1vnick\u00e9 osoby? Vysv\u011btlen\u00ed na z\u00e1klad\u011b precedens\u016f t\u00fdkaj\u00edc\u00edch se pomluvy[ja]<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Podminky_pro_urceni_pomluvy\"><\/span>Podm\u00ednky pro ur\u010den\u00ed pomluvy<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Z\u00e1kon o pomluv\u011b je definov\u00e1n v \u010dl\u00e1nku 230, odstavci 1 japonsk\u00e9ho trestn\u00edho z\u00e1kon\u00edku n\u00e1sledovn\u011b:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>(Pomluva)<br>\u010cl\u00e1nek 230: Ka\u017ed\u00fd, kdo ve\u0159ejn\u011b uv\u00e1d\u00ed skute\u010dnosti a po\u0161kozuje ciz\u00ed pov\u011bst, bude potrest\u00e1n trestem odn\u011bt\u00ed svobody a\u017e na t\u0159i roky nebo pokutou do 500 000 jen\u016f, bez ohledu na to, zda jsou tyto skute\u010dnosti pravdiv\u00e9.<\/p>\n<cite><a href=\"https:\/\/elaws.e-gov.go.jp\/document?lawid=140AC0000000045\" target=\"_blank\" rel=\"noreferrer noopener\">e-GOV\u6cd5\u4ee4\u691c\u7d22\uff5c\u5211\u6cd5[ja]<\/a><\/cite><\/blockquote>\n\n\n\n<p>Jin\u00fdmi slovy, podm\u00ednky pro pomluvu jsou n\u00e1sleduj\u00edc\u00ed:<\/p>\n\n\n\n<ul>\n<li>Ve\u0159ejn\u011b<\/li>\n\n\n\n<li>Uv\u00e1d\u011bn\u00ed skute\u010dnost\u00ed<\/li>\n\n\n\n<li>Po\u0161kozen\u00ed ciz\u00ed pov\u011bsti<\/li>\n<\/ul>\n\n\n\n<p>V\u0161ak podle \u010dl\u00e1nku 230, odstavce 2 japonsk\u00e9ho trestn\u00edho z\u00e1kon\u00edku, v p\u0159\u00edpadech, kdy je obsah skute\u010dnost\u00ed uzn\u00e1n jako ve\u0159ejn\u00fd z\u00e1jem, \u00fa\u010del ve\u0159ejn\u00e9ho prosp\u011bchu a pravdivost, nez\u00e1konnost je odm\u00edtnuta.<\/p>\n\n\n\n<p>Pokud je spln\u011bna podm\u00ednka pro pomluvu, m\u016f\u017ee b\u00fdt ulo\u017een trest odn\u011bt\u00ed svobody a\u017e na t\u0159i roky nebo pokuta do 500 000 jen\u016f.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Podminky_pro_urceni_poskozeni_duveryhodnosti\"><\/span>Podm\u00ednky pro ur\u010den\u00ed po\u0161kozen\u00ed d\u016fv\u011bryhodnosti<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Z\u00e1kon o po\u0161kozen\u00ed d\u016fv\u011bryhodnosti je definov\u00e1n v \u010dl\u00e1nku 233 japonsk\u00e9ho trestn\u00edho z\u00e1kon\u00edku n\u00e1sledovn\u011b:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>(Po\u0161kozen\u00ed d\u016fv\u011bryhodnosti a naru\u0161en\u00ed obchodn\u00ed \u010dinnosti)<br>\u010cl\u00e1nek 233: Ka\u017ed\u00fd, kdo \u0161\u00ed\u0159\u00ed fale\u0161n\u00e9 zv\u011bsti nebo pou\u017e\u00edv\u00e1 podvodn\u00e9 metody k po\u0161kozen\u00ed ciz\u00ed d\u016fv\u011bryhodnosti nebo k naru\u0161en\u00ed jeho obchodn\u00ed \u010dinnosti, bude potrest\u00e1n trestem odn\u011bt\u00ed svobody a\u017e na t\u0159i roky nebo pokutou do 500 000 jen\u016f.<\/p>\n<cite><a href=\"https:\/\/elaws.e-gov.go.jp\/document?lawid=140AC0000000045\" target=\"_blank\" rel=\"noreferrer noopener\">e-GOV\u6cd5\u4ee4\u691c\u7d22\uff5c\u5211\u6cd5[ja]<\/a><\/cite><\/blockquote>\n\n\n\n<p>Jin\u00fdmi slovy, podm\u00ednky pro po\u0161kozen\u00ed d\u016fv\u011bryhodnosti jsou n\u00e1sleduj\u00edc\u00ed:<\/p>\n\n\n\n<ul>\n<li>\u0160\u00ed\u0159en\u00ed fale\u0161n\u00fdch zv\u011bst\u00ed nebo pou\u017eit\u00ed podvodn\u00fdch metod<\/li>\n\n\n\n<li>Po\u0161kozen\u00ed ciz\u00ed d\u016fv\u011bryhodnosti<\/li>\n<\/ul>\n\n\n\n<p>&#8220;D\u016fv\u011bryhodnost&#8221; v kontextu z\u00e1kona o po\u0161kozen\u00ed d\u016fv\u011bryhodnosti se vztahuje na hodnocen\u00ed jednotlivce z ekonomick\u00e9ho hlediska, nejen na soci\u00e1ln\u00ed d\u016fv\u011bru v jeho platebn\u00ed schopnosti, ale tak\u00e9 na soci\u00e1ln\u00ed d\u016fv\u011bru v kvalitu jeho produkt\u016f.<\/p>\n\n\n\n<p>Pokud je spln\u011bna podm\u00ednka pro po\u0161kozen\u00ed d\u016fv\u011bryhodnosti, m\u016f\u017ee b\u00fdt ulo\u017een trest odn\u011bt\u00ed svobody a\u017e na t\u0159i roky nebo pokuta do 500 000 jen\u016f.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pripady_kdy_sireni_investicnich_informaci_na_SNS_se_stava_sirenim_fam\"><\/span>P\u0159\u00edpady, kdy \u0161\u00ed\u0159en\u00ed investi\u010dn\u00edch informac\u00ed na SNS se st\u00e1v\u00e1 \u0161\u00ed\u0159en\u00edm f\u00e1m<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2023\/01\/shutterstock_2148062205.jpg\" alt=\"P\u0159\u00edpady \u0161\u00ed\u0159en\u00ed f\u00e1m\" class=\"wp-image-57217\" \/><\/figure>\n\n\n\n<p>Jak bylo uvedeno v\u00fd\u0161e, \u0161\u00ed\u0159en\u00ed nepravdiv\u00fdch f\u00e1m a po\u0161kozov\u00e1n\u00ed d\u016fv\u011bry lid\u00ed m\u016f\u017ee v\u00e9st k trestn\u00e9mu \u010dinu po\u0161kozov\u00e1n\u00ed d\u016fv\u011bry podle trestn\u00edho z\u00e1kona. Nicm\u00e9n\u011b, i v r\u00e1mci Japonsk\u00e9ho z\u00e1kona o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi produkty (Financial Instruments and Exchange Act) je \u0161\u00ed\u0159en\u00ed f\u00e1m regulov\u00e1no.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Co_je_sireni_fam\"><\/span>Co je \u0161\u00ed\u0159en\u00ed f\u00e1m<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Podle \u010dl\u00e1nku 158 Japonsk\u00e9ho z\u00e1kona o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi produkty (Japanese Financial Instruments and Exchange Act) je stanoveno n\u00e1sleduj\u00edc\u00ed:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>(Z\u00e1kaz \u0161\u00ed\u0159en\u00ed f\u00e1m, podvodu, n\u00e1sil\u00ed nebo v\u00fdhru\u017eek)<br>\u010cl\u00e1nek 158 Nikdo nesm\u00ed \u0161\u00ed\u0159it f\u00e1my, pou\u017e\u00edvat podvod, nebo se dopou\u0161t\u011bt n\u00e1sil\u00ed nebo v\u00fdhru\u017eek za \u00fa\u010delem n\u00e1boru, prodeje nebo jin\u00e9ho obchodov\u00e1n\u00ed s cenn\u00fdmi pap\u00edry, nebo pro deriv\u00e1tov\u00e9 obchody, nebo za \u00fa\u010delem ovlivn\u011bn\u00ed tr\u017en\u00edch cen cenn\u00fdch pap\u00edr\u016f (finan\u010dn\u00ed produkty t\u00fdkaj\u00edc\u00ed se cenn\u00fdch pap\u00edr\u016f nebo opc\u00ed nebo deriv\u00e1tov\u00fdch obchod\u016f, s v\u00fdjimkou cenn\u00fdch pap\u00edr\u016f, nebo finan\u010dn\u00edch ukazatel\u016f. Stejn\u011b tak je tomu v \u010dl\u00e1nku 168 odstavec 1, \u010dl\u00e1nek 173 odstavec 1 a \u010dl\u00e1nek 197 odstavec 2 bod 1).<\/p>\n\n\n\n<p><\/p>\n<cite><a href=\"https:\/\/elaws.e-gov.go.jp\/document?lawid=323AC0000000025_20220901_501AC0000000071\" target=\"_blank\" rel=\"noreferrer noopener\">e-GOV pr\u00e1vn\u00ed vyhled\u00e1v\u00e1n\u00ed\uff5cZ\u00e1kon o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi produkty[ja]<\/a><\/cite><\/blockquote>\n\n\n\n<p>\u0160\u00ed\u0159en\u00ed f\u00e1m (pov\u011bst\u00ed, nepodlo\u017een\u00fdch spekulac\u00ed atd.) za \u00fa\u010delem n\u00e1boru, prodeje atd. cenn\u00fdch pap\u00edr\u016f, nebo za \u00fa\u010delem ovlivn\u011bn\u00ed tr\u017en\u00edch cen, je zak\u00e1z\u00e1no podle \u010dl\u00e1nku 158 Japonsk\u00e9ho z\u00e1kona o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi produkty jako &#8220;\u0161\u00ed\u0159en\u00ed f\u00e1m&#8221;.<\/p>\n\n\n\n<p>P\u0159\u00edklady aplikace tohoto ustanoven\u00ed jsou n\u00e1sleduj\u00edc\u00ed:<\/p>\n\n\n\n<p>Pro prodej akci\u00ed vlastn\u00edch akci\u00ed za vysokou cenu, nap\u0159\u00edklad, zve\u0159ejn\u011bn\u00edm fale\u0161n\u00fdch informac\u00ed na internetov\u00fdch diskusn\u00edch f\u00f3rech a um\u00edst\u011bn\u00edm t\u011bchto informac\u00ed tak, aby je mohlo vid\u011bt mnoho lid\u00ed, a n\u00e1sledn\u00fdm prodejem akci\u00ed pot\u00e9, co jejich cena stoupne, kdy\u017e investo\u0159i, kte\u0159\u00ed vid\u011bli tyto informace, koup\u00ed tyto akcie, a z\u00edsk\u00e1n\u00edm neopr\u00e1vn\u011bn\u00e9ho zisku.<\/p>\n\n\n\n<p>V tomto p\u0159\u00edpad\u011b se jedn\u00e1 o \u0161\u00ed\u0159en\u00ed informac\u00ed na internetov\u00fdch diskusn\u00edch f\u00f3rech, ale p\u0159edpokl\u00e1d\u00e1 se, \u017ee to sam\u00e9 plat\u00ed pro p\u0159\u00edpady, kdy se investi\u010dn\u00ed informace \u0161\u00ed\u0159\u00ed na soci\u00e1ln\u00edch s\u00edt\u00edch. Nap\u0159\u00edklad, p\u0159\u00edsp\u011bvek na soci\u00e1ln\u00ed s\u00edti, kter\u00fd je zalo\u017een na \u00farovni pov\u011bst\u00ed, jako je &#8220;Zd\u00e1 se, \u017ee spole\u010dnost XX upravuje sv\u00e9 \u00fa\u010detn\u00ed z\u00e1v\u011brky&#8230; Mo\u017en\u00e1 je \u010das je prodat.&#8221;<\/p>\n\n\n\n<p>D\u00e1le, pou\u017eit\u00ed podvodn\u00fdch nebo nespravedliv\u00fdch taktik a metod, kter\u00e9 zp\u016fsobuj\u00ed omyly u ostatn\u00edch lid\u00ed za \u00fa\u010delem n\u00e1boru, prodeje atd. cenn\u00fdch pap\u00edr\u016f, nebo za \u00fa\u010delem ovlivn\u011bn\u00ed tr\u017en\u00edch cen, je zak\u00e1z\u00e1no podle \u010dl\u00e1nku 158 Japonsk\u00e9ho z\u00e1kona o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi produkty jako &#8220;podvod&#8221;.<\/p>\n\n\n\n<p>P\u0159\u00edkladem aplikace tohoto ustanoven\u00ed je p\u0159\u00edpad, kdy fond, kter\u00fdm n\u011bkdo ovl\u00e1d\u00e1, z\u00edskal zisk t\u00edm, \u017ee donutil ve\u0159ejn\u011b obchodovanou spole\u010dnost prov\u00e9st zv\u00fd\u0161en\u00ed kapit\u00e1lu prost\u0159ednictv\u00edm t\u0159et\u00ed strany s t\u00edmto fondem jako p\u0159\u00edjemcem, a z\u00e1rove\u0148 umo\u017enil okam\u017eit\u00fd odtok pen\u011bz zaplacen\u00fdch za akcie z tohoto zv\u00fd\u0161en\u00ed kapit\u00e1lu mimo spole\u010dnost, a pot\u00e9 donutil ve\u0159ejn\u011b obchodovanou spole\u010dnost zve\u0159ejnit fale\u0161n\u00e9 informace o zv\u00fd\u0161en\u00ed kapit\u00e1lu, co\u017e zp\u016fsobilo n\u00e1r\u016fst ceny akci\u00ed, a pot\u00e9 prodal z\u00edskan\u00e9 akcie a z\u00edskal zisk.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tresty_v_pripade_sireni_nepravdivych_zvesti\"><\/span>Tresty v p\u0159\u00edpad\u011b \u0161\u00ed\u0159en\u00ed nepravdiv\u00fdch zv\u011bst\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Pokud je \u0161\u00ed\u0159en\u00ed informac\u00ed na soci\u00e1ln\u00edch s\u00edt\u00edch pova\u017eov\u00e1no za \u0161\u00ed\u0159en\u00ed nepravdiv\u00fdch zv\u011bst\u00ed, existuj\u00ed n\u00e1sleduj\u00edc\u00ed tresty.<\/p>\n\n\n\n<p>Nejprve, jako trestn\u00ed sankce, m\u016f\u017ee b\u00fdt ulo\u017een trest odn\u011bt\u00ed svobody do 10 let nebo pokuta do 10 milion\u016f jen\u016f, nebo oboj\u00ed (Japonsk\u00fd z\u00e1kon o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi produkty, \u010dl\u00e1nek 197, odstavec 1, bod 5).<\/p>\n\n\n\n<p>D\u00e1le m\u016f\u017ee b\u00fdt na\u0159\u00edzena platba pokuty.<\/p>\n\n\n\n<p>V\u00fd\u0161e pokuty za poru\u0161en\u00ed je stanovena na z\u00e1klad\u011b p\u0159\u00edslu\u0161n\u00e9ho zisku z poru\u0161en\u00ed (to plat\u00ed i pro ostatn\u00ed typy poru\u0161en\u00ed). V p\u0159\u00edpad\u011b, \u017ee je p\u0159\u00edpad pova\u017eov\u00e1n za \u0161\u00ed\u0159en\u00ed nepravdiv\u00fdch zv\u011bst\u00ed, lze p\u0159edpokl\u00e1dat, \u017ee v\u00fd\u0161e pokuty bude rovna rozd\u00edlu mezi cenou prodeje (n\u00e1kupu) souvisej\u00edc\u00ed s pozic\u00ed v dob\u011b ukon\u010den\u00ed poru\u0161en\u00ed a cenou t\u00e9to pozice vyhodnocenou na nejni\u017e\u0161\u00ed (nejvy\u0161\u0161\u00ed) hodnot\u011b po dobu jednoho m\u011bs\u00edce po poru\u0161en\u00ed (Japonsk\u00fd z\u00e1kon o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi produkty, \u010dl\u00e1nek 173).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pripady_kdy_se_sireni_investicnich_informaci_na_SNS_stava_manipulaci_trhu\"><\/span>P\u0159\u00edpady, kdy se \u0161\u00ed\u0159en\u00ed investi\u010dn\u00edch informac\u00ed na SNS st\u00e1v\u00e1 manipulac\u00ed trhu<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2023\/01\/shutterstock_298299155.jpg\" alt=\"P\u0159\u00edpady manipulace trhu\" class=\"wp-image-57216\" \/><\/figure>\n\n\n\n<p>Manipulace trhu je \u010dinnost, kdy se n\u011bkdo pokus\u00ed z\u00edskat vlastn\u00ed zisk t\u00edm, \u017ee nap\u0159\u00edklad zav\u00e1d\u00ed ostatn\u00ed do omylu, jako by byl trh ovlivn\u011bn p\u0159irozenou popt\u00e1vkou a nab\u00eddkou, p\u0159esto\u017ee byl um\u011ble zm\u011bn\u011bn na trhu.<\/p>\n\n\n\n<p>Takov\u00e9to jedn\u00e1n\u00ed je zak\u00e1z\u00e1no v r\u00e1mci Japonsk\u00e9ho z\u00e1kona o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi produkty (Financial Instruments and Exchange Act), proto\u017ee naru\u0161uje spravedliv\u00e9 formov\u00e1n\u00ed cen a m\u016f\u017ee zp\u016fsobit neo\u010dek\u00e1van\u00e9 \u0161kody investor\u016fm.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pozadavky_pro_posouzeni_manipulace_trhu\"><\/span>Po\u017eadavky pro posouzen\u00ed manipulace trhu<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Manipulace trhu je definov\u00e1na v n\u00e1sleduj\u00edc\u00edm \u010dl\u00e1nku 159 Japonsk\u00e9ho z\u00e1kona o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi n\u00e1stroji (Financial Instruments and Exchange Act).<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>(Z\u00e1kaz manipulace trhu)<br>\u010cl\u00e1nek 159 Nikdo nesm\u00ed prov\u00e1d\u011bt n\u00e1sleduj\u00edc\u00ed \u010dinnosti s \u00famyslem vyvolat u ostatn\u00edch dojem, \u017ee obchodov\u00e1n\u00ed s cenn\u00fdmi pap\u00edry (obchodov\u00e1n\u00ed s cenn\u00fdmi pap\u00edry kotovan\u00fdmi na burze, obchodov\u00e1n\u00ed s cenn\u00fdmi pap\u00edry mimo burzu nebo obchodov\u00e1n\u00ed s cenn\u00fdmi pap\u00edry, kter\u00e9 jsou p\u0159edm\u011btem obchodov\u00e1n\u00ed. To sam\u00e9 plat\u00ed v tomto \u010dl\u00e1nku.), obchodov\u00e1n\u00ed na trhu s deriv\u00e1ty nebo obchodov\u00e1n\u00ed s deriv\u00e1ty mimo burzu (obchodov\u00e1n\u00ed s finan\u010dn\u00edmi n\u00e1stroji kotovan\u00fdmi na burze, obchodov\u00e1n\u00ed s cenn\u00fdmi pap\u00edry mimo burzu, obchodov\u00e1n\u00ed s cenn\u00fdmi pap\u00edry, kter\u00e9 jsou p\u0159edm\u011btem obchodov\u00e1n\u00ed (v\u010detn\u011b finan\u010dn\u00edch ukazatel\u016f vypo\u010d\u00edtan\u00fdch na z\u00e1klad\u011b jejich cen nebo \u00farokov\u00fdch sazeb atd.) nebo finan\u010dn\u00ed n\u00e1stroje kotovan\u00e9 na burze. To sam\u00e9 plat\u00ed v tomto \u010dl\u00e1nku.) je prosperuj\u00edc\u00ed:<br>1-9 (vynech\u00e1no)<br>2 Nikdo nesm\u00ed prov\u00e1d\u011bt n\u00e1sleduj\u00edc\u00ed \u010dinnosti s \u00famyslem p\u0159il\u00e1kat obchodov\u00e1n\u00ed s cenn\u00fdmi pap\u00edry, obchodov\u00e1n\u00ed na trhu s deriv\u00e1ty nebo obchodov\u00e1n\u00ed s deriv\u00e1ty mimo burzu (d\u00e1le jen &#8220;obchodov\u00e1n\u00ed s cenn\u00fdmi pap\u00edry atd.&#8221; v tomto \u010dl\u00e1nku):<br>1 (vynech\u00e1no)<br>2 \u0160\u00ed\u0159en\u00ed informac\u00ed, \u017ee ceny finan\u010dn\u00edch n\u00e1stroj\u016f kotovan\u00fdch na burze nebo cenn\u00fdch pap\u00edr\u016f obchodovan\u00fdch mimo burzu se budou m\u011bnit v d\u016fsledku vlastn\u00edch nebo ciz\u00edch manipulac\u00ed.<br>3 \u00damysln\u00e9 uv\u00e1d\u011bn\u00ed nepravdiv\u00fdch nebo zav\u00e1d\u011bj\u00edc\u00edch informac\u00ed o d\u016fle\u017eit\u00fdch z\u00e1le\u017eitostech p\u0159i obchodov\u00e1n\u00ed s cenn\u00fdmi pap\u00edry atd.<br>3 (vynech\u00e1no)<\/p>\n<cite><a href=\"https:\/\/elaws.e-gov.go.jp\/document?lawid=323AC0000000025\" target=\"_blank\" rel=\"noreferrer noopener\">Z\u00e1kon o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi n\u00e1stroji | e-Gov pr\u00e1vn\u00ed vyhled\u00e1v\u00e1n\u00ed[ja]<\/a><\/cite><\/blockquote>\n\n\n\n<p>Jako p\u0159\u00edklad uplatn\u011bn\u00ed tohoto ustanoven\u00ed lze uv\u00e9st p\u0159\u00edpad, kdy n\u011bkdo z\u00edskal neopr\u00e1vn\u011bn\u00fd zisk t\u00edm, \u017ee zv\u00fd\u0161il cenu akci\u00ed, kter\u00e9 vlastnil, t\u00edm, \u017ee prost\u0159ednictv\u00edm n\u011bkolika cenn\u00fdch pap\u00edr\u016f provedl \u0159adu vysok\u00fdch nab\u00eddek a z\u00e1rove\u0148 vlo\u017eil velk\u00e9 mno\u017estv\u00ed n\u00e1kupn\u00edch objedn\u00e1vek na ni\u017e\u0161\u00ed \u00farovni, \u010d\u00edm\u017e vyvolal dojem, \u017ee obchodov\u00e1n\u00ed s t\u011bmito akciemi je prosperuj\u00edc\u00ed, a pot\u00e9, co investo\u0159i, kte\u0159\u00ed byli t\u00edmto zp\u016fsobem p\u0159il\u00e1k\u00e1ni, koupili tyto akcie, co\u017e vedlo k dal\u0161\u00edmu zv\u00fd\u0161en\u00ed jejich ceny, prodal tyto akcie.<\/p>\n\n\n\n<p>Je t\u0159eba poznamenat, \u017ee n\u00e1sleduj\u00edc\u00ed \u010dinnosti mohou ovlivnit cenu akci\u00ed a mohou b\u00fdt pova\u017eov\u00e1ny za manipulaci trhu, a proto je t\u0159eba b\u00fdt opatrn\u00fd:<\/p>\n\n\n\n<ul>\n<li>N\u00e1kup za vy\u0161\u0161\u00ed cenu: nap\u0159\u00edklad opakovan\u00e9 zad\u00e1v\u00e1n\u00ed n\u00e1kupn\u00edch objedn\u00e1vek za vy\u0161\u0161\u00ed cenu na prodejn\u00ed objedn\u00e1vky, kter\u00e9 byly zad\u00e1ny na trh, a zv\u00fd\u0161en\u00ed ceny akci\u00ed t\u00edm, \u017ee v\u0161echny tyto prodejn\u00ed objedn\u00e1vky jsou spln\u011bny.<\/li>\n\n\n\n<li>Podpora ni\u017e\u0161\u00ed ceny: nap\u0159\u00edklad zad\u00e1v\u00e1n\u00ed n\u00e1kupn\u00edch objedn\u00e1vek v relativn\u011b velk\u00e9m mno\u017estv\u00ed za ni\u017e\u0161\u00ed cenu ne\u017e je aktu\u00e1ln\u00ed cena, nebo skute\u010dn\u00fd n\u00e1kup, aby se zabr\u00e1nilo poklesu ceny akci\u00ed.<\/li>\n\n\n\n<li>Zasahov\u00e1n\u00ed do kone\u010dn\u00e9 ceny: nap\u0159\u00edklad zad\u00e1v\u00e1n\u00ed n\u00e1kupn\u00edch objedn\u00e1vek (nebo prodejn\u00edch objedn\u00e1vek za ni\u017e\u0161\u00ed cenu) za vy\u0161\u0161\u00ed cenu t\u011bsn\u011b p\u0159ed koncem obchodn\u00ed doby a ovliv\u0148ov\u00e1n\u00ed kone\u010dn\u00e9 ceny t\u00edm, \u017ee je spln\u00ed.<\/li>\n\n\n\n<li>Zobrazov\u00e1n\u00ed fale\u0161n\u00fdch objedn\u00e1vek (mise gyoku): nap\u0159\u00edklad zad\u00e1v\u00e1n\u00ed n\u00e1kupn\u00edch objedn\u00e1vek v velk\u00e9m mno\u017estv\u00ed na cenov\u00e9 \u00farovni zobrazen\u00e9 na obrazovce s informacemi o trhu, ani\u017e by byl z\u00e1m\u011br je splnit.<\/li>\n<\/ul>\n\n\n\n<p>Nap\u0159\u00edklad, m\u016f\u017ee b\u00fdt p\u0159edstaviteln\u00e9, \u017ee na SNS bude zve\u0159ejn\u011bn p\u0159\u00edsp\u011bvek jako &#8220;Cena akci\u00ed spole\u010dnosti \u25cb\u25cb jist\u011b klesne, proto\u017ee \u25cb\u25cb bude prod\u00e1vat sv\u00e9 akcie&#8221;.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tresty_v_pripade_ze_je_shledano_manipulaci_s_trhem\"><\/span>Tresty v p\u0159\u00edpad\u011b, \u017ee je shled\u00e1no manipulac\u00ed s trhem<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Nejprve, jako trestn\u00ed sankce, m\u016f\u017ee b\u00fdt ulo\u017een trest odn\u011bt\u00ed svobody na dobu do 10 let nebo pokuta do 10 milion\u016f jen\u016f, nebo m\u016f\u017ee b\u00fdt ulo\u017eena kombinace obou (\u010dl\u00e1nek 197 odstavec 1 bod 5 Japonsk\u00e9ho z\u00e1kona o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi produkty). D\u00e1le, pokud m\u00e1te \u00famysl z\u00edskat majetkov\u00fd prosp\u011bch a manipulac\u00ed s trhem zm\u011bn\u00edte nebo stabilizujete cenu cenn\u00fdch pap\u00edr\u016f atd., m\u016f\u017ee b\u00fdt ulo\u017een trest odn\u011bt\u00ed svobody na dobu do 10 let a pokuta do 30 milion\u016f jen\u016f (\u010dl\u00e1nek 197 odstavec 2 Japonsk\u00e9ho z\u00e1kona o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi produkty).<\/p>\n\n\n\n<p>Nav\u00edc, v p\u0159\u00edpad\u011b pr\u00e1vnick\u00fdch osob, nejen jednotlivci spojen\u00ed s pr\u00e1vnickou osobou (z\u00e1stupci nebo z\u00e1stupci pr\u00e1vnick\u00e9 osoby nebo osoby, zam\u011bstnanci nebo jin\u00ed pracovn\u00edci), kter\u00e1 manipulovala s trhem, ale tak\u00e9 pr\u00e1vnick\u00e9 osob\u011b m\u016f\u017ee b\u00fdt ulo\u017eena pokuta a\u017e do v\u00fd\u0161e 700 milion\u016f jen\u016f (\u010dl\u00e1nek 207 odstavec 1 bod 1 Japonsk\u00e9ho z\u00e1kona o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi produkty).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Porovnani_pozadavku_na_pomluvu_sireni_fam_a_manipulaci_trhu\"><\/span>Porovn\u00e1n\u00ed po\u017eadavk\u016f na pomluvu, \u0161\u00ed\u0159en\u00ed f\u00e1m a manipulaci trhu<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Dosud jsme vysv\u011btlili, jak\u00e9 jsou po\u017eadavky na to, aby se informace o investic\u00edch na SNS staly pomluvou, \u0161\u00ed\u0159en\u00edm f\u00e1m nebo manipulac\u00ed trhu. Tyto po\u017eadavky lze shrnout a uspo\u0159\u00e1dat do n\u00e1sleduj\u00edc\u00ed tabulky.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><\/td><td>Pomluva<\/td><td>\u0160\u00ed\u0159en\u00ed f\u00e1m<\/td><td>Manipulace trhu<\/td><\/tr><tr><td>Subjektivn\u00ed po\u017eadavek<\/td><td>Nen\u00ed<\/td><td>Nen\u00ed<\/td><td>Nen\u00ed<\/td><\/tr><tr><td>Ve\u0159ejnost<\/td><td>Pot\u0159ebn\u00e1<\/td><td>Pot\u0159ebn\u00e1 (= \u0161\u00ed\u0159en\u00ed)<\/td><td>Pot\u0159ebn\u00e1 (= \u0161\u00ed\u0159en\u00ed)<\/td><\/tr><tr><td>Uveden\u00ed skute\u010dnosti<\/td><td>Pot\u0159ebn\u00e9<\/td><td>Nepot\u0159ebn\u00e9 (sta\u010d\u00ed i f\u00e1ma)<\/td><td>Nepot\u0159ebn\u00e9 (sta\u010d\u00ed i f\u00e1ma)<\/td><\/tr><tr><td>Sn\u00ed\u017een\u00ed spole\u010densk\u00e9ho hodnocen\u00ed<\/td><td>Pot\u0159ebn\u00e9<\/td><td>Nepot\u0159ebn\u00e9<\/td><td>Nepot\u0159ebn\u00e9<\/td><\/tr><tr><td>Obsah p\u0159\u00edsp\u011bvku je nepravdiv\u00fd<\/td><td>Nepot\u0159ebn\u00e9 (pokud do\u0161lo ke sn\u00ed\u017een\u00ed spole\u010densk\u00e9ho hodnocen\u00ed)<\/td><td>Pot\u0159ebn\u00e9 do ur\u010dit\u00e9 m\u00edry, pokud chyb\u00ed racion\u00e1ln\u00ed z\u00e1klad<\/td><td>Pot\u0159ebn\u00e9 do ur\u010dit\u00e9 m\u00edry, pokud chyb\u00ed racion\u00e1ln\u00ed z\u00e1klad nebo pokud m\u016f\u017ee v\u00e9st k omylu jin\u00fdch osob<\/td><\/tr><tr><td>\u00da\u010del p\u0159\u00edsp\u011bvku<\/td><td>Obecn\u011b nepot\u0159ebn\u00e9 (av\u0161ak nez\u00e1konnost je vylou\u010dena pouze v p\u0159\u00edpad\u011b, \u017ee je uzn\u00e1n ve\u0159ejn\u00fd z\u00e1jem + existuj\u00ed dostate\u010dn\u00e9 d\u016fvody pro v\u011b\u0159en\u00ed, \u017ee uveden\u00e9 skute\u010dnosti jsou pravdiv\u00e9)<\/td><td>Pot\u0159ebn\u00e9 pro \u00fa\u010dely nab\u00eddky, prodeje atd. cenn\u00fdch pap\u00edr\u016f nebo pro \u00fa\u010dely ovlivn\u011bn\u00ed trhu<\/td><td>Pot\u0159ebn\u00e9 pro \u00fa\u010dely p\u0159il\u00e1k\u00e1n\u00ed jin\u00fdch osob k n\u00e1kupu nebo prodeji cenn\u00fdch pap\u00edr\u016f<\/td><\/tr><tr><td>Mo\u017enost \u017e\u00e1dosti o n\u00e1hradu \u0161kody v civiln\u00edm pr\u00e1vu<\/td><td>Mo\u017en\u00e1<\/td><td>Nen\u00ed mo\u017en\u00e1<\/td><td>Nen\u00ed mo\u017en\u00e1<\/td><\/tr><tr><td>Riziko trestn\u00edho st\u00edh\u00e1n\u00ed<\/td><td>Ano<\/td><td>Ano<\/td><td>Ano<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shrnuti_Pravni_kontrola_pravnika_je_nezbytna_pro_sdileni_investicnich_informaci\"><\/span>Shrnut\u00ed: Pr\u00e1vn\u00ed kontrola pr\u00e1vn\u00edka je nezbytn\u00e1 pro sd\u00edlen\u00ed investi\u010dn\u00edch informac\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Zde jsme vysv\u011btlili, na co je t\u0159eba d\u00e1vat pozor p\u0159i sd\u00edlen\u00ed informac\u00ed o investic\u00edch pomoc\u00ed SNS. Na SNS m\u016f\u017eete snadno sd\u00edlet informace o investic\u00edch, ale pr\u00e1v\u011b kv\u016fli t\u00e9to snadnosti m\u016f\u017ee doj\u00edt k poru\u0161en\u00ed z\u00e1kon\u016f, jako je trestn\u00ed z\u00e1kon\u00edk nebo Japonsk\u00fd z\u00e1kon o obchodov\u00e1n\u00ed s finan\u010dn\u00edmi produkty. P\u0159i sd\u00edlen\u00ed investi\u010dn\u00edch informac\u00ed je t\u0159eba postupovat opatrn\u011b, aby nedo\u0161lo k poru\u0161en\u00ed z\u00e1kon\u016f, jako je pomluva, \u0161\u00ed\u0159en\u00ed f\u00e1m, manipulace trhu atd.<\/p>\n\n\n\n<p>Doporu\u010dujeme konzultovat s pr\u00e1vn\u00edkem v p\u0159\u00edpad\u011b probl\u00e9m\u016f souvisej\u00edc\u00edch se sd\u00edlen\u00edm investi\u010dn\u00edch informac\u00ed pomoc\u00ed SNS a podobn\u00fdch platform.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Predstaveni_opatreni_nasi_kancelare\"><\/span>P\u0159edstaven\u00ed opat\u0159en\u00ed na\u0161\u00ed kancel\u00e1\u0159e<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Pr\u00e1vn\u00ed kancel\u00e1\u0159 Monolith je pr\u00e1vn\u00ed kancel\u00e1\u0159 s vysokou odbornost\u00ed v oblasti IT, zejm\u00e9na internetu a pr\u00e1va. V posledn\u00edch letech se pomluvy prost\u0159ednictv\u00edm soci\u00e1ln\u00edch s\u00edt\u00ed staly velk\u00fdm probl\u00e9mem a pot\u0159eba pr\u00e1vn\u00ed kontroly se st\u00e1le zvy\u0161uje. Zvl\u00e1\u0161t\u011b je t\u0159eba d\u00e1vat pozor na \u0161\u00ed\u0159en\u00ed investi\u010dn\u00edch informac\u00ed. Na\u0161e kancel\u00e1\u0159 analyzuje pr\u00e1vn\u00ed rizika souvisej\u00edc\u00ed s podnik\u00e1n\u00edm, kter\u00e9 bylo zah\u00e1jeno nebo se pl\u00e1nuje zah\u00e1jit, s ohledem na r\u016fzn\u00e9 pr\u00e1vn\u00ed p\u0159edpisy, a sna\u017e\u00ed se legalizovat podnik\u00e1n\u00ed co nejv\u00edce bez jeho zastaven\u00ed. Podrobnosti jsou uvedeny v n\u00e1sleduj\u00edc\u00edm \u010dl\u00e1nku.<\/p>\n\n\n\n<p>Obory pr\u00e1ce pr\u00e1vn\u00ed kancel\u00e1\u0159e Monolith: <a href=\"https:\/\/monolith.law\/practices\/corporate\" target=\"_blank\" rel=\"noreferrer noopener\">Pr\u00e1vn\u00ed z\u00e1le\u017eitosti IT a startupov\u00fdch spole\u010dnost\u00ed[ja]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nyn\u00ed je samoz\u0159ejmost\u00ed, \u017ee informace jsou \u0161\u00ed\u0159eny a sb\u00edr\u00e1ny prost\u0159ednictv\u00edm soci\u00e1ln\u00edch s\u00edt\u00ed. Zejm\u00e9na v oblasti investic je \u010dast\u00e9 vyu\u017eit\u00ed soci\u00e1ln\u00edch s\u00edt\u00ed d\u00edky jejich okam\u017eitosti a kompatibilit\u011b. Na soci\u00e1 [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":64239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[21,41],"acf":[],"_links":{"self":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts\/61165"}],"collection":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/comments?post=61165"}],"version-history":[{"count":2,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts\/61165\/revisions"}],"predecessor-version":[{"id":64240,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts\/61165\/revisions\/64240"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/media\/64239"}],"wp:attachment":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/media?parent=61165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/categories?post=61165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/tags?post=61165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}