insider trading laws
Securities fraud prohibitions
Insider trading laws prohibit buying or selling securities based on material, nonpublic information.
A corporate executive who trades stock knowing about an unannounced merger, or tips off a friend to do so, violates these laws.
The SEC charged him with violating insider trading laws after he dumped shares days before the earnings disaster went public.
Penalties include fines and imprisonment.
- statutesFormally enacted laws
- securities lawRules governing tradable investments
- auditsFormal account inspections
- transparencyState of being see-through
- regulationsEnforced rules and standards
accountability · whistleblowing · paper trail · compliance · legal precedents · investigations · fiduciary duty · penalties · tipping · tip off · fairness · capital markets · stock tips · Martha Stewart · white collar crime · fines · investor confidence · level playing field
- financial reformbank reform, tax reform, budget reform, pension reform, banking oversight
- securities regulationsecurities law, securities fraud, prospectus, Sarbanes-Oxley, FINRA
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint