BNET Business Dictionary

Business Definition for: Insider

  • somebody who has access to information that is privileged and unavailable to most members of the public

Wiktionary Definition for: Insider

  • #one who has special knowledge about the inner workings of an organization

Additional Resources

Insider Trading Probe Ensnares 14 More
By Matthew Goldstein and Jonathan StempelNEW 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 the TV...
Tags: Insider, Hedge Fund, Moody's Corp., Prosecutor, Investment, Financial Services, Finance, Zvi Goffer
News items 2009-11-05
Insider Trading Probe Ensnares 14 More
By Matthew Goldstein and Jonathan StempelNEW 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 the TV...
Tags: Insider, Hedge Fund, Investment, Financial Services, Finance, Investigators, Prosecutor, Us
News items 2009-11-05
Insider Trading Probe Ensnares 14 More
By Matthew Goldstein and Jonathan StempelNEW YORK (Reuters UK) - 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 the...
Tags: Insider, Hedge Fund, Investment, 3Com Corp., Atheros Communications, Investigators, Moody's Corp., Prosecutor
News items 2009-11-06
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
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
U.S. Insider Trading Probe Widens, Ensnares 14 More
By Matthew Goldstein and Jonathan StempelNEW YORK (Reuters UK) - 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 the...
Tags: Insider, Hedge Fund, New York, Prosecutor, 3Com Corp., Atheros Communications, Cell Phone, IBM Corp., Intel Corp., Moody's Corp., Zvi Goffer
News items 2009-11-05
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
Rajaratnam Denies Insider Charges
By Jonathan Stempel and Grant McCoolNEW YORK (Reuters UK) - Galleon Group hedge fund founder Raj Rajaratnam attacked a U.S. regulator's lawsuit on Tuesday, denying insider trading charges and saying government wiretaps violated his constitutional rights.The Sri Lankan-born billionaire is the most prominent of 20 people who face criminal or...
Tags: Wiretap, Hedge Fund, SEC, Lawyer, Rajaratnam, Galleon, Roomy Khan, Government, Advanced Micro Devices Inc., Akamai Technologies Inc., Clearwire Corp., Google Inc., IBM Corp., Intel Corp., Polycom Inc., Sun Microsystems Inc.
News items 2009-11-24
Rajaratnam Denies Insider Charges
By Jonathan Stempel and Grant McCool NEW YORK (Reuters UK) - Galleon Group hedge fund founder Raj Rajaratnam attacked a U.S. regulator's lawsuit on Tuesday, denying insider trading charges and saying government wiretaps violated his constitutional rights. The Sri Lankan-born billionaire is the most prominent of 20 people who face...
Tags: SEC, insider, Lawyer
News items 2009-11-24
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
Rajaratnam Gives Detailed Denial of Insider Charges
By Jonathan Stempel and Grant McCool NEW YORK (Reuters UK) - Galleon Group hedge fund founder Raj Rajaratnam, accused in one of the biggest insider trading cases ever, on Tuesday gave a detailed denial of the charges and said government wiretaps violated his constitutional rights. Twenty people, including the Sri...
Tags: SEC, Insider
News items 2009-11-24
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
The Clio Awards to Honor Mark Cuban, Alleged Insider Trader
The CLIO Awards organizers have made a mystifying decision to give Mark Cuban an honorary award at its 50th anniversary gathering in Las Vegas, in May. Cuban is currently the subject of a complaint by the SEC, alleging insider trading. It was filed Nov. 17, 2008. Cuban...
Tags: Trader, Mark Cuban, Investment, Blogging, Finance, Internet, Jim Edwards
Blog posts 2009-03-13
How to Interpret Insider Transactions
John DiStanislao submits: Insiders can only use public information but their advantage is the interpretation of this public data. Every day there are thousands of insider trades, but most of this data is noise. The topic of insider trading has been studied and written about for many years in...
Tags: Software, Energy, Healthcare, John DiStanislao, Nutraceutical International Corp.
External links 2009-04-14
IBM, Intel Capital execs face insider trading charges
IDG News Service - Executives from Intel Capital and IBM face insider trading charges after allegedly scheming to provide information that others used to reap millions of dollars in illegal profits, the U.S. Securities and Exchange Commission SEC Said on Friday. The SEC charged six individuals for conspiring to execute...
Tags: Intel Corp., Advanced Micro Devices Inc., SEC, IBM Corp.
News items 2009-10-16
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
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
Stock Market Insider Trading: Victims, Violators And Remedies-Including An Analogy To Fraud In The Sale Of A Used Car With A Generic Defect
This Article discusses the following two questions: (1) Is the act of stock market insider trading as opposed to the accompanying nondisclosure or lie a victimless crime? (2) Is stock market insider trading fraud? The Article also briefly addresses two additional questions: (1) When does insider trading or tipping violate...
Tags: Car, Stock, Social Science Electronic Publishing Inc., Fraud, Stock Market, Investment, Finance
White papers 2003-01-01
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