: the illegal use of information available only to insiders in order to make a profit in financial trading
Example Sentences
Recent Examples on the WebBill Hwang left Robertson’s firm to form Tiger Asia Management, which pleaded guilty to insider trading on Chinese bank stocks in 2012, agreeing to criminal and civil settlements of more than $60 million. David Henry, Fortune, 23 Aug. 2022 But others in the cryptocurrency industry say a lack of case precedent specific to crypto insider trading has created uncertainty over whether and how regulators might seek to tackle it in the future. Ben Foldy, WSJ, 21 May 2022 Future targets then include a wealthy congresswoman (Kate Walsh’s Paula Tackleberry), who made millions on insider trading when the pandemic began and is hoping to make even more when a vaccine is ready. Daniel Fienberg, The Hollywood Reporter, 17 Aug. 2022 Where is the demand for documents regarding Speaker Pelosi’s alleged insider trading? Bryan Schott, The Salt Lake Tribune, 9 Aug. 2022 Implicit in the use of the term insider trading is the belief within the SEC that the tokens under investigation were in fact securities. Steven Ehrlich, Forbes, 4 Aug. 2022 Bloomberg reported the Coinbase probe by the SEC’s enforcement unit predates its investigation into Wahi’s insider trading. Christiaan Hetzner, Fortune, 26 July 2022 Buyer is accused of lying to Guidehouse's legal counsel and investigators during an insider trading inquiry in 2019 after the merger, according to the indictment. Lauren Del Valle, CNN, 26 July 2022 The Securities and Exchange Commission brought civil insider trading charges against the men in Seattle federal court. Larry Neumeister, Chicago Tribune, 22 July 2022 See More
Word History
First Known Use
1966, in the meaning defined above
Legal Definition
insider trading
noun
: the illegal use of especially material inside information for profit in financial trading see also tippee