Illegal use of insider information for profit in financial trading. Since 1934, the Securities and Exchange Commission has prohibited trading while in possession of material nonpublic information. See also arbitrage, Michael R. Milken.
This entry comes from Encyclopædia Britannica Concise.For the full entry on insider trading, visit Britannica.com.
What made you look up insider trading? Please tell us what you were reading, watching or discussing that led you here.
Take our visual vocab quiz
A quick quiz about stuff worth knowing
The commonly misspelled words quiz
The Vocab Quiz Game for iPhone & iPad
"Incredibly fun and addictive. And informative!" User Review, iTunes