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Insider Information |
Also found in: Dictionary/thesaurus, Hutchinson | 0.10 sec. |
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Insider information Material information about a company that has not yet been made public. It is illegal for holders of this information to make trades based on it, however received. Insider Information Relevant information on a company that has not been released to the public. For example, a person may have access to a company's financial state prior to its official announcement. It is a serious crime to make a trade based on insider information or even to divulge such information to another person without authorization. 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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Pursuant to Article 4 of the Communique, material events are cases leading to (i) insider information or (ii) continuous information. According to the indictment, Li obtained insider information that major drugmaker Eisai Co. 1 If the investor obtains insider information in the course of due diligence but purchases shares in the amount already decided upon before obtaining such information, does this constitute insider trading? |
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