The rules regarding insider trading and price manipulation, as well as take-over bid and squeeze-out regulations also apply. The CBFA is charged with the supervision of the prospectus, of the market and of the information provided by the issuers. Alternext is expected to attract professional as well as individual investors. 3. The Listing Sponsor: an essential player for issuers and investors A Listing Sponsor, a new and adapted advisory status, is ainancial specialist recognized by Euronext who acts as a coordinator between the issuer and the exchange at all times.