As a result, insider trading has been loosely defined through a mishmash of confusing verdicts and precedents.
One might say, “Well, insider trading takes away faith in the U.S. markets.”
The Justice Department said charging her with insider trading would have pushed the boundaries of the law.
The unlawful practice of using information that comes from a source “inside” the business but is not available to the general public to trade on the stock market. This activity is prohibited by law and is policed by the Securities and Exchange Commission.
Note: In the mid-1980s, several revelations of insider trading rocked Wall Street.