Recent Examples of insider trading from the Web
Paul Rampoldi, 50, was convicted of conspiracy to commit insider trading, wire fraud and money laundering in connection with the profits made from the $1.2 billion acquisition of Ardea Biosciences by pharmaceutical firm AstraZeneca.
Argentina is investigating potential insider trading from last month.
On Wednesday, federal prosecutors charged Jun Ying, a former chief information officer at an Equifax business, with insider trading.
The law, signed into law in 2012, expanded disclosure of stock trades and bars members of Congress and other federal officials from insider trading.
In recent weeks, Coinbase has been hit with three federal lawsuits alleging various types of wrongdoing ranging from security negligence to wrongfully keeping bitcoins and insider trading during last year’s Bitcoin Cash fork.
Former Equifax exec, who is charged with insider trading, was arraigned on Thursday afternoon.
Equifax exec charged with insider trading after massive data breach.
Plus, any time the stakes get high, everyone tries to game the system, from attempting to bribe public officials to engaging in insider trading to rigging software at online poker sites.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'insider trading.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of insider trading
Financial Definition of INSIDER TRADING
What It Is
Insider trading refers to the trading of securities by corporate insiders such as managers or executives.
How It Works
Insider trading can be legal or illegal depending on if the information used to base the trade is public.
Individuals who engage in illegal insider trading attempt to benefit from trades based on information about a company not yet made public. For example, an executive of Company XYZ who purchases shares of the company based on a pending merger announcement is engaging in illegal insider trading.
However, once Company XYZ has announced the merger publicly, insiders may legally trade the shares based on the information.
Why It Matters
Some investors follow legal insider trading because they believe insiders have a better insight to the financial health of a company.
Meanwhile, illegal insider trading can lead to fine and even imprisonment for the guilty party.
INSIDER TRADING Defined for English Language Learners
Definition of insider trading for English Language Learners
finance : the illegal activity of buying and selling a company's stocks while using secret information from a person who works for the company
Learn More about insider trading
Britannica.com: Encyclopedia article about insider trading
Seen and Heard
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