Legal Dictionary - Insider trading

According to the SEC (http://www.sec.gov/about/laws.shtml), insider trading is trading that takes place when those privileged with confidential information about important events use the special advantage of that knowledge to reap profits or avoid losses on the stock market, to the detriment of the source of the information and to the typical investors who buy or sell their stock without the advantage of "inside" information.

See White-collar crime Securities Law

Retrieved from "http://www.law.cornell.edu/wex/index.php/Insider_trading". Content is available under a Creative Commons Attribution-ShareAlike 2.5 License.

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Legal Dictionary - Insider trading

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