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View synonyms for insider trading
insider trading
noun
- the illegal buying and selling of securities by persons acting on privileged information.
insider trading
- The unlawful practice of using information that comes from a source “inside” the business but is not available to the general public to trade on the stock market . This activity is prohibited by law and is policed by the Securities and Exchange Commission .
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Notes
In the mid-1980s, several revelations of insider trading rocked Wall Street .
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Other Words From
- insider trader noun
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Word History and Origins
Origin of insider trading1
First recorded in 1965–70
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Example Sentences
On Friday, hedge fund trader Michael Steinberg was sentenced to 3.5 years in jail for his insider-trading conviction.
From The Daily Beast
Meanwhile, in lower Manhattan, former SAC Capital manager Matthew Martoma is on trial for insider trading in drug-company stocks.
From The Daily Beast
This one is also “the largest financial penalty in history for insider trading offenses.”
From The Daily Beast
Cohen and SAC in March agreed to pay a $616 million fine to settle insider-trading charges.
From The Daily Beast
On Monday, SAC agreed to pay a record $1.2 billion to resolve insider-trading charges.
From The Daily Beast
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