Insider trading
Term · Insurance and risk management · MLC-T-INS-001841
The illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information about a company. This non-public information is typically obtained by corporate insiders, such as directors, officers, or employees, before it is made available to the general public. Insider trading is prohibited by securities laws, including the Securities Exchange Act of 1934, and can lead to severe civil and criminal penalties.
| Identifier | MLC-T-INS-001841 |
|---|---|
| Field | Insurance and risk management |
| Subject | Management Liability |
Record as JSON
{
"id": "MLC-T-INS-001841",
"term": "Insider trading",
"field": "Insurance and risk management",
"definition": "The illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information about a company. This non-public information is typically obtained by corporate insiders, such as directors, officers, or employees, before it is made available to the general public. Insider trading is prohibited by securities laws, including the Securities Exchange Act of 1934, and can lead to severe civil and criminal penalties.",
"subject": "Management Liability",
"url": "https://mlchart.com/terminology/insurance/insider-trading/"
}
Record 1,761 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.