B. Highlighting Financial Practices Involving Unlawful Speculation

[Amina bochai]

B. Highlighting Financial Practices Involving Unlawful Speculation

The Algerian legislator emphasized that financial speculation can take various illegal forms. According to Articles 21 to 25 of the cited legislation, the following activities are generally prohibited:

Spreading false or misleading news to disrupt the market and influence prices in an irregular and unjustified manner.
Artificially inflating market prices by offering goods at deliberately manipulated prices that exceed the legally defined profit margins.
Presenting deceptive price offers to mislead traders or other buyers into conducting irregular transactions.
Creating or participating in private agreements aimed at imposing artificial conditions in the market, contrary to the natural mechanisms of supply and demand.
Utilizing speculative practices to artificially increase or decrease the value of financial securities.
The ultimate aim of these prohibitions is to maintain market stability and prevent illicit manipulation of prices and securities.

 

[Amina bochai]

2. Elements of Illegal Extortion
1- The Moral Element of Illegal Extortion:

The principle of legitimacy is based on achieving the interests of individuals and society by ensuring the protection of fundamental rights and freedoms. Since these rights and freedoms are regulated by legal and legislative authorities, disregarding such authority constitutes a moral violation. This results in forcing individuals into actions against their will and in violation of legal norms. Moreover, the judge cannot prosecute an act unless it is criminalized by law.

The Algerian legislator has emphasized the necessity of protecting the interests of individuals and society through Articles 21-15, which criminalize various forms of extortion and moral coercion. This legislation aims to address and resolve moral coercion cases that lead to chaos and human exploitation, which is often driven by selfish interests and illicit gains at the expense of others.