Insider dealing
From ACT Wiki
Jump to navigationJump to search
Dealing in company securities with a view to making a profit - or avoiding a loss - while in possession of information that, if generally known, would affect their price.
In the modern era, insider dealing is illegal in fully developed markets.
However, many commentators believe that the crime remains widespread, because of the difficulties of detecting it and of proving it in law.
Also known as 'insider trading'.
