BNET Business Dictionary

Business Definition for: Insider Trading

  • profitable, usually illegal, trading in securities carried out using information not available to the public

Additional Resources

DTN News: Financial News TODAY October 16, 2009 ~ U.S. Charges Billionaire Rajaratnam With Record Insider Trading
DTN News: Financial News TODAY October 16, 2009 ~ U.S. Charges Billionaire Rajaratnam With Record Insider Trading *Source: DTN News / Reuters NSI News Source Info NEW YORK, US - October 16, 2009: Billionaire hedge fund founder Raj Rajaratnam and five executives from some of the...
Tags: insider, Hedge Fund, News
News items 2009-10-16
Insider Trading Probe Ensnares 14 More
By Matthew Goldstein and Jonathan Stempel NEW YORK (Reuters) - Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal that has ensnared hedge fund managers, top Silicon Valley executives and a bevy of white-shoe advisers. In complaints that read like scripts for...
Tags: executive, Moody's Corp., complaint, Insider
News items 2009-11-05
Can You Benefit From Insider Trading Patterns?
A recent CNNMoney.com article took a look at corporate insider transactions, noting that "Corporate officers and directors have been selling shares at a pace last seen just before the onset of the subprime malaise two years ago." The question is: Should you act, or is this just "noise"? ...
Tags: Insider, Benefit, Financial Accounting, Strategy, Finance, Management, Larry Swedroe
Blog posts 2009-09-25
Boston Jury Finds Former Fidelity Investments Trader Engaged in Insider Trading
« SEC Obtains Asset Freeze Against Minnesota Foreign Currency Trading Venture | Main The SEC announced that a federal jury in Boston returned a verdict on Nov. 20, 2009 in favor of the SEC against a former Fidelity Investments trader for insider trading. David K. Donovan, of Massachusetts, was found to...
Tags: SEC, insider, Fidelity Investments, jury, Covad Communications Group Inc.
News items 2009-11-24
The Regulation Of Insider Trading As An Agency Problem
This paper attempts to shed a new light on the insider trading issue by studying the unintended effects of insider trading laws. It shows that government regulation of insider trading can actually make the problems it intends to resolve worse. More particularly, this paper shows that insider trading laws instead...
Tags: Agency, Insider, Regulation, Metropolitan State College Of Denver, Advertising & Promotion, Marketing
White papers 2005-03-31
Charges swirl around insider trading on Intel, AMD deals
Think of it as a twist on the old rivalry between chip giants Intel and Advanced Micro Devices. But this time, the rivalry is about which company can make a hedge fund more money.The complaint filed by the government against six people on Friday details how a relatively obscure Intel...
Tags: Intel Corp., Advanced Micro Devices Inc., Complaint
News items 2009-10-20
Ruiz allegedly involved in insider trading case
Top semiconductor industry executive Hector Ruiz has allegedly been linked to the largest hedge fund insider trading case in history, according to a Wall Street Journal WSJ report. A criminal case announced by the Manhattan US Attorney's office and the New York Office of the FBI Federal Bureau of Investigation...
Tags: Advanced Micro Devices Inc.
News items 2009-10-28
Akamai CEO Sagan vows swift action against exec tied to insider trading scandal
Akamai Technologies President and CEO Paul Sagan vowed "swift and appropriate action" if the investigation into alleged insider trading activities involving one of the company's executives. Speaking to analysts during the company's third quarter earnings results conference call, Sagan said the company was caught unaware when news reports said...
Tags: Akamai Technologies Inc.
News items 2009-10-29
A Comparative Empirical Investigation of Agency and Market Theories of Insider Trading
The paper summarizes various agency cost and market theories of insider trading propounded over the course of the perennial law and economics debate over insider trading. The paper then suggests three testable hypotheses regarding the relationship between insider trading laws and several measures financial performance. Using international data and alternative...
Tags: Theory, Agency, Stock, Insider, Investment, Financial Accounting, Finance
White papers 2004-10-22
Raj Rajaratnam's Awesome Insider Trading Adventure [Field Guide]
Bernie Madoff is the financial criminal of the past . Billionaire hedge fund chief Raj Rajaratnam is the financial criminal of the moment! Slick back your hair, watch Wall Street , and forget Ponzi schemes— insider trading is back, big time! ...
Tags: Hedge Fund, Insider
News items 2009-10-19
EADS Cleared of Insider-Trading Charges
PARIS - The French stock market regulator has cleared EADS and seven current and former executives of charges of insider trading, following a three-year inquiry into the controversial exercise of stock options. The Authorité des Marchés Financiers AMF market watchdog released the information on Dec. 17 at 8 p.m. local...
Tags: executive, inquiry, Insider
News items 2009-12-18
US raids insider-trading gang
A TOP US watchdog has warned financial firms they face increased scrutiny after a billionaire appeared in court on Friday charged with one of biggest hedge fund insider trading case in US history. Amid widespread public anger at Wall Street transgressions, the Securities and Exchange Commission said the indictment of...
Tags: SEC, Hedge Fund
News items 2009-10-18
Uncovering Insider Trading
It isn't a coincidence that corporate executives seem to always buy and sell at the right times. After all, the CEOs and CFOs of the world have access to every bit of company information one could ever want. This doesn't mean individual investors are left in the dark. Insider trading...
Tags: Insider, Investopedia, Financial Accounting, Channel Management, Finance, Marketing
White papers 2002-06-12
Billionaire charged over insider trading
Investigators said they used court-approved telephone wire taps for the first time in a Wall St insider trading case, sending shivers through the hedge fund industry which has traditionally picked up and shared trading tips to make big profits. At the center of the case are Mr Rajaratnam, 52, his...
Tags: McKinsey & Co., Insider
News items 2009-10-19
US poised to bring more insider trading cases
By Svea Herbst-Bayliss and Rachelle Younglai of Reuters BOSTON/WASHINGTON - Fresh from laying charges in the largest hedge fund insider trading case in history, US federal investigators are poised to bring further "significant" cases. The targets will include financial professionals also involved in insider trading, a source familiar with the...
Tags: SEC, insider, Hedge Fund
News items 2009-10-19
U.S. Eyes More Insider Trading Cases
By Svea Herbst-Bayliss and Rachelle Younglai BOSTON/WASHINGTON (Reuters UK) - Fresh from laying charges in the largest hedge fund insider trading case in history, U.S. federal investigators are poised to bring further "significant" cases. The targets will include financial professionals also involved in insider trading, a source familiar with the...
Tags: SEC, insider, Hedge Fund
News items 2009-10-20
How to Profit from Insider Trading
Raj Rajaratnam, the putative head of the alleged insider trading ring at the Galleon Fund, may not have a firm grip on his moral compass. But he clearly knows one thing about stock picking-namely, that the only way to win consistently is to have information the market doesn't. ...
Tags: Stock, Insider, Rajaratnam, Investment, Financial Services, Finance, Eric Schurenberg
Blog posts 2009-10-27
The Sanofi-Chattem Deal: What Insider Trading Looks Like
The SEC appears to have made what looks like the easiest insider trading case imaginable against two French men who allegedly traded on information they had regarding Sanofi-Aventis SNY's acquisition of Chattem CHTT. But that's not the only signal that someone may have been trading ahead of...
Tags: Insider, SEC, Chattem, Mergers & Acquisitions, Financial Accounting, Investment, Workforce Management, Finance, Human Resources, Jim Edwards
Blog posts 2009-12-29
Insider trading net entangles further suspects
When federal agents arrested Raj Rajaratnam, founder of the Galleon Group, in October, hedge fund managers across the US sat up and took notice. US prosecutors accused Mr Rajaratnam and five others of operating a $20m (£12m) insider-trading ring, and the investigation appeared initially to focus on hedge funds. Regulators...
Tags: Hedge Fund
News items 2009-11-06
Selective Disclosure And Insider Trading - Final Rule
The Securities and Exchange Commission is adopting new rules to address three issues: the selective disclosure by issuers of material nonpublic information; when insider trading liability arises in connection with a trader's "use" or "knowing possession" of material nonpublic information; and when the breach of a family or other non-business...
Tags: Insider, SEC
White papers 2003-01-01
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