nonpublic information

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Nonpublic information

Information about a company that is not known by the general public, which will have a definite impact on the stock price when released. See: Insider trading.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Nonpublic Information

Major knowledge about a publicly-traded company that is not available to the public. Information may apply to its operations, such as its quarterly earnings, or to intangibles, such as an executive's imminent indictment. Nonpublic information almost always impacts a company's stock price, either positively or negatively, when it is made public. Prior to 2001, the use of nonpublic information in investment decisions qualified as illegal insider trading. Since then, even the possession of relevant nonpublic information may cause one to run afoul of SEC rules, even if an investor would have made a particular trade anyway. See also: Rule 10b5-1.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

nonpublic information

Information about a company that is unknown to the public. Insiders, including corporate officers and directors, are prohibited from buying or selling their firm's securities on the basis of nonpublic information.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Canadian securities laws permit insiders to adopt ASDPs to sell, donate or otherwise transfer shares in the future (including upon exercise of stock options) in accordance with the pre-arranged terms of their ASDP, on an automatic basis, regardless of any subsequent material non-public information they receive.
Rule 10b5-1 allows corporate officers and directors to adopt written, pre-arranged stock trading plans when they do not have material, non-public information. Using these plans, insiders may gradually acquire stock over a period of time regardless of any material, non-public information they may receive after adopting a plan.
Atambayev was ready to provide non-public information about Aziz Batukayev's case.
Bayer last week admitted that Monsanto, which it acquired for $63bn (PS49bn) last year, had gathered non-public information as part of the campaign, which French media said sought to influence the public debate on pesticides and genetically modified products.
"Candace Marie Claiborne traded her integrity and non-public information of the United States government in exchange for cash and other gifts from foreign agents she knew worked for the Chinese intelligence service," said Assistant Attorney General Demers.
Dealers across the country continue to search for efficient ways to monitor the ever-growing number of compliance obligations, when it comes to safeguarding their customers' personal, non-public information. The industry requires both speed and transparency.
had committed 26 violations of the blackout rule, which prohibits trades when the company is in possession of material non-public information. The prohibition lasts for up to two full trading days after the price-sensitive information is disclosed.
Section 13.2 of the PSE Disclosure Rules, within two (2) Blackout Periods when its Directors and Principal Officers executed trades of Calata shares during a "Blackout Period" where only they were in possession of material non-public information.
The PSE also found Calata to have committed 26 violations of the blackout rule in which directors and principal officers executed trades of Calata shares during a period where only they were the ones in possession of material non-public information.
During the go-shop period, Imperva and its financial advisor solicited inquiries relating to alternative acquisition proposals from 49 potentially interested parties, six of these parties entered into confidentiality agreements and received access to non-public information about Imperva.
FA rules prohibit players and coaches from betting on any football activity or providing non-public information to any other person that is then used for betting.

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