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ITSFEA |
Also found in: Acronyms | 0.04 sec. |
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See Insider
Trading & Securities Fraud Enforcement Act of 1988. Insider Trading and Securities Fraud Enforcement Act In the United States, a 1988 law that significantly increased the penalties associated with insider trading and securities fraud. For example, for insider trading, the Act provided for fines of up to three times the profit an offender made as a result of the inside information. It also provided for cash payments to "whistle-blowers" and civil penalties for managers, who, knowing that persons working under them are likely to engage in insider trading, fail to act. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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