Welcome to the 1520 Perfect Dictionary
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| Insider trading | |
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| INSIDER TRADING Definition: The crime of buying or selling shares in a company with the help of information known only by those connected with the business, before this information is available to everybody. ______________________________________________________________________ * All seven elements would be in. 1. Purposeful and necessary - for the trader(s) ! 2. Profit or gain considered worthwhile is or will be made from the so-called 'clean' transaction. 3. (Reserved.) (The actual purchase or sale is carried out within legal rules.) 4. Effect of transaction will have a serious impact on the fortunes or misfortune of company, due to the volume of stocks/shares that will be sold/bought. 5. Those who will trade in shares later - when information is available in the public domain - will make substantial losses from transactions, even if they never become aware of this. 6. (Reserved.) (Buyer(s)/seller(s) are not part of company or business management/ownership.) (To emphasize.) 7. Cheats, - no, criminals, - escape sanction by the industry regulator(s) and escape the long arms of the law. That is, act serves purpose(s), and profit made will be for good. _______________________________ See perfect SHARE (4). See perfect HEDGE (2). See perfect DISHONESTY. See perfect MONEY (2). See perfect MONEY (3). See perfect INSIDER. | |
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