insider dealing
Illegal stock trading
Insider dealing is trading stocks or securities based on confidential information not available to the public—such as knowledge of an upcoming merger or earnings report.
The practice is illegal in most jurisdictions because it gives unfair advantage over ordinary investors.
Also called insider trading, especially in American English.
Market value per share
- sharesUnits of company ownership
- securitiesTradeable financial assets
- tradingExchanging for value
- tippingPaying beyond the bill
tipper · front-running · arbitrage · portfolio · equities · profit · windfall · stock sale
Intentional criminal trickery
- securities fraudIllegal financial market deception
- market manipulationArtificially distorting asset prices
- illegal tradingProhibited commercial activity
- white-collar crimeBusiness fraud offenses
financial crime · misappropriation · violation · prosecution · conviction · indictment · criminal charges · penalty
Stock market regulator
- complianceAdhering to requirements
- disclosureAct of revealing information
- enforcementCompelling compliance with rules
- oversightSupervision or inadvertent omission
fiduciary duty · whistleblower · audit · due diligence · governance · regulator · prohibition · blackout period
Violation of confidence
- unfair advantageUnearned competitive benefit
- conflict of interestCompromised impartiality from competing stakes
- misconductImproper professional behavior
- integrityMoral soundness and consistency
transparency · accountability · dishonesty · exploitation · inequity · betrayal · moral hazard · impropriety
Meant to stay secret
- undisclosedNot made known
- nonpublicRestricted from general access
- covertIntentionally concealed
- clandestineConcealed from authorities
hidden · private · privileged information · closed-door · off-the-record · leaked · restricted · proprietary
stock price
Market value per share
- sharesUnits of company ownership
- securitiesTradeable financial assets
- tradingExchanging for value
tipping · tipper · front-running · arbitrage · portfolio · equities · profit · windfall · stock sale · purchase
fraud
Intentional criminal trickery
- securities fraudIllegal financial market deception
- market manipulationArtificially distorting asset prices
- illegal tradingProhibited commercial activity
white-collar crime · financial crime · misappropriation · violation · prosecution · conviction · indictment · criminal charges · penalty · fine
SEC
Stock market regulator
- complianceAdhering to requirements
- disclosureAct of revealing information
- enforcementCompelling compliance with rules
oversight · fiduciary duty · whistleblower · audit · due diligence · governance · regulator · prohibition · blackout period · surveillance
breach of trust
Violation of confidence
- unfair advantageUnearned competitive benefit
- conflict of interestCompromised impartiality from competing stakes
- misconductImproper professional behavior
integrity · transparency · accountability · dishonesty · exploitation · inequity · betrayal · moral hazard · impropriety · bad faith
confidential
Meant to stay secret
- undisclosedNot made known
- nonpublicRestricted from general access
- covertIntentionally concealed
clandestine · hidden · private · privileged information · closed-door · off-the-record · leaked · restricted · proprietary · sensitive information
- corporate crimescorporate fraud, securities fraud, price fixing, embezzlement, tax fraud
- influence peddlinginfluence peddling, backscratching, quid pro quo, kickbacks, payoffs
- corruptioncorruption, graft, kickbacks, bribery, bribes
- favoritismfavoritism, nepotism, cronyism, partiality, preferential treatment