Definitions for "Insider trading"
The buying/selling of shares on a recognised stock exchange by someone employed (currently or within the last six months) by the company concerned, and who is in possession of restricted information not generally available on the market. The Criminal Justice Act 1993 contains legislation attempting to deal with the problem.
Buying or selling shares for profit where the person dealing has privileged information not available to the general market. The practice, generally held to be harmful to the interests of other shareholders, is unlawful but not unknown. Legislation embodying strict disclosure rules has improved shareholder protection.
Trading by insiders; or illegal trading by insiders who trade based on insider information. see also Securities Exchange Act of 1934.
Keywords:  integrity