Origin of insider trading
Examples from the Web for insider trading
On Friday, hedge fund trader Michael Steinberg was sentenced to 3.5 years in jail for his insider-trading conviction.
All four had experience in the fascinating domino effect that happens in insider-trading rings as criminals turn on each other.Charles Gasparino Details Insider-Trading Investigations in New Book, ‘Circle of Friends’|William O’Connor|July 3, 2013|DAILY BEAST
He has had legal troubles before: a hacking conviction in 2008 and an insider-trading conviction in 2002.The Rise and Fall of Kim Dotcom and Megaupload: 8 Burning Questions Answered|Andrew Carter|July 12, 2012|DAILY BEAST
Yet insider-trading laws do not apply to what many members of Congress have done.Ethically Challenged Congress Needs Law or Code Banning Insider Trading|Zachary Karabell|November 15, 2011|DAILY BEAST
Tens of millions were spent on these insider-trading cases where, as mentioned above, there were no known victims (until now).
Culture definitions for 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.