KEY TAKEAWAYS
Insider trading is a type of
white collar crime in Australia that attracts severe criminal
penalties, including imprisonment, fine and convictions which can
have lifelong consequences. It is the practice of deriving a
benefit or causing a loss as a result of using otherwise
non-publicly available information to trade in stock exchange of
buying or selling shares or other securities of listed
companies.
INSIDER TRADING MEANING?
Insider trading is stock exchange trading to derive a benefit
by accessing confidential information that isn't available in
the public. It includes buying, selling or trading shares or other
securities such as bonds or stock options of listed companies from
price-sensitive unpublished information that has the potential to
affect the stock price that has not yet been disclosed.
