insider trading

insider trading
insider trading n: the illegal use of esp. material inside information for profit in financial trading see also tippee

Merriam-Webster’s Dictionary of Law. . 1996.

insider trading
n.
The illegal buying and selling of stock based on information available only to insiders.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


insider trading
The use of confidential information about a business gained through employment in a company or a stock brokerage, to buy or sell stocks and bonds based on the private knowledge that the value will go up or down. The victims are the unsuspecting investing public. It is a crime under the Securities and Exchange Act.
Category: Business, LLCs & Corporations
Category: Criminal Law
Category: Personal Finance & Retirement
Category: Small Claims Court & Lawsuits

Nolo’s Plain-English Law Dictionary. . 2009.

insider trading
Also known as insider trading. Generally, dealing in securities on the basis of inside information, that is, information that is not yet publicly known and which would affect the price of the securities if it were made public. It is a criminal offence in the UK under the Criminal Justice Act 1993.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

insider trading
n.
   the use of confidential information about a business gained through employment in a company or a stock brokerage, to buy and/or sell stocks and bonds based on the private knowledge that the value will go up or down. The victims are the unsuspecting investing public. It is a crime under the Securities and Exchange Act, for which Ivan Boesky and others have been sentenced to prison for relatively short terms and only small fines, considering the percentage impact on their accumulated wealth. Joseph P. Kennedy, father of President John F. Kennedy, made much of his fortune in the 1920s by insider trading before it was a crime. When the Securities and Exchange Commission was created in the early days of the New Deal (1933), President Franklin D. Roosevelt appointed Kennedy to the Commission on the theory that it took an insider to catch insiders.
   See also: insider

Law dictionary. . 2013.

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Look at other dictionaries:

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  • Insider trading — Trading by officers, directors, major stockholders, or others who hold private inside information allowing them to benefit from buying or selling stock. The New York Times Financial Glossary * * * insider trading insider trading ➔ trading * * *… …   Financial and business terms

  • insider trading — insider dealing UK / US or insider trading UK / US noun [uncountable] the crime of buying or selling shares in a company using information that is available only to people working within that company …   English dictionary

  • insider trading — n. the buying or selling of a company s stock by one who has access to information not made public: trading based on such information may be illegal …   English World dictionary

  • Insider Trading — The buying or selling of a security by someone who has access to material, nonpublic information about the security. Insider trading can be illegal or legal depending on when the insider makes the trade: it is illegal when the material… …   Investment dictionary

  • insider trading — noun Buying or selling securities of a publicly held company by a person who has privileged access to information concerning the companys financial condition or plans. Wall Street wants repeal of the provisions for penalizing executives (and… …   Wiktionary

  • insider trading — noun buying or selling corporate stock by a corporate officer or other insider on the basis of information that has not been made public and is supposed to remain confidential • Hypernyms: ↑trading * * * noun [noncount] finance : the illegal… …   Useful english dictionary

  • insider trading — also insider dealing N UNCOUNT Insider trading or insider dealing is the illegal buying or selling of a company s shares by someone who has secret or private information about the company …   English dictionary

  • insider trading —   Locuzione anglosassone che indica la pratica illecita di utilizzare informazioni riservate o non ancora divulgate al mercato al fine di compiere operazioni speculative in borsa e, quindi, fare profitti illecitamente nella compravendita di… …   Glossario di economia e finanza

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