Concept information
Preferred term
insider trading
Definition
- Insider trading consists of the purchase or sale of a security, typically shares of corporate stock or options to buy or sell shares, while in possession of material, nonpublic information regarding that security. Although the precise legal definition of insider trading varies across different jurisdictions, in the United States the prohibition on insider trading generally encompasses only those transactions that involve a breach of a relationship of trust and confidence. [Source: Encyclopedia of Deception; Insider Trading]
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/insider_trading
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