Insider Trading Act of 1988


Insider Trading Act of 1988
An act enabled in 1988 to increase the liability penalties to all involved parties to insider trading. This act was established due to the increase in high profile insider trading cases, as well as the increase in monetary values of the trades. The act allows the SEC to order a penalty of up to three times the profit, and the guilty parties may serve significant jail time according to the extent of their crime.

Insider trading occurs when members outside of the establishment are given information which is not available to the public as a whole, and use it to increase their wealth through buying/selling stock.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Insider trading — is the trading of a corporation s stock or other securities (e.g. bonds or stock options) by individuals with potential access to non public information about the company. In most countries, trading by corporate insiders such as officers, key… …   Wikipedia

  • Trading Places — This article is about the 1983 comedy film. For other uses, see Trading Places (disambiguation). Trading Places The theatrical release poster, which calls the film Some very funny business. The slogan reads, They re not just getting rich...they… …   Wikipedia

  • ЗАКОН О МЕРАХ ОТВЕТСТВЕННОСТИ ЗА НЕЗАКОННЫЕ ОПЕРАЦИИ И МОШЕННИЧЕСКИЕ ДЕЙСТВИЯ С ЦЕННЫМИ БУМАГАМИ ИНСАЙДЕРОВ НА ОСНОВЕ ВНУТРЕННЕЙ ИНФОРМАЦИИ О ДЕЯТЕЛЬНОСТИ КОМПАНИИ-ЭМИТЕНТА 1988 г. — INSIDER TRADING AND SECURITIES FRAUD ENFORCEMENT ACT OF 1988Федеральный закон, принятый с целью предупреждения незаконных операций и мошеннических действий с ценными бумагами на основе внутренней (конфиденциальной) информации о деятельности… …   Энциклопедия банковского дела и финансов

  • Company Directors Disqualification Act 1986 — Parliament of the United Kingdom Long title ... Statute book chapter 1986 c 46 …   Wikipedia

  • Racketeer Influenced and Corrupt Organizations Act — The Racketeer Influenced and Corrupt Organizations Act (commonly referred to as RICO Act or RICO) is a United States federal law that provides for extended penalties for criminal acts performed as part of an ongoing criminal organization. It also …   Wikipedia

  • United Kingdom company law — Beside the River Thames, the City of London is a global financial centre. Within the Square Mile, the London Stock Exchange lies at the heart of the United Kingdom s corporations. United Kingdom company law is the body of rules that concern… …   Wikipedia

  • George Soros — Infobox Celebrity name = George Soros imagesize = 300px caption = George Soros speaking in Malaysia birth date = birth date and age|1930|08|12 birth place = Budapest, Hungary death date = death place = occupation = speculator, investor,… …   Wikipedia

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • History of private equity and venture capital — The history of private equity and venture capital and the development of these asset classes has occurred through a series of boom and bust cycles since the middle of the 20th century. Within the broader private equity industry, two distinct sub… …   Wikipedia

  • U.S. Securities and Exchange Commission — Infobox Government agency agency name = U.S. Securities and Exchange Commission nativename = SEC seal width = 140px seal caption = formed = June 6, 1934 jurisdiction = Federal government of the United States headquarters = Washington, D.C.… …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.