Insider
Term · Law · MLC-T-LAW-002652
An individual who possesses non-public information about a company due to their relationship with the company, such as an officer, director, or major shareholder. This status carries legal obligations regarding the use of such information, particularly in securities trading. Federal securities laws prohibit insiders from trading on material non-public information.
| Identifier | MLC-T-LAW-002652 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002652",
"term": "Insider",
"field": "Law",
"definition": "An individual who possesses non-public information about a company due to their relationship with the company, such as an officer, director, or major shareholder. This status carries legal obligations regarding the use of such information, particularly in securities trading. Federal securities laws prohibit insiders from trading on material non-public information.",
"url": "https://mlchart.com/terminology/law/insider/"
}
Record 2,579 of 5,439 in Law terminology (MLC-0107). Request the full dataset.