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insider trading |
Also found in: Legal, Financial, Wikipedia, Hutchinson | 0.01 sec. |
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insider trading, stock market transactions made with knowledge of nonpublic information about corporate activity. In the United States, it has been illegal since 1934. The Securities and Exchange Commission Securities and Exchange Commission (SEC), agency of the U.S. government created by the Securities Exchange Act of 1934 and charged with protecting the interests of the public and investors in connection with the public issuance and sale of corporate securities. ..... Click the link for more information. regards it as unfair to investors who are not privy to such information. Several insider trading scandals shook Wall Street in the mid-1980s. insider tradingIllegal use of insider information for profit in financial trading. Since 1934, the Securities and Exchange Commission has prohibited trading while in possession of material nonpublic information. See also arbitrage, Michael R. Milken. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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