[Podcast Episode] What is Insider Stock Trading?

Illegal insider trading is defined as trading securities with significant, secret information, providing an unfair advantage. This involves material non-public information (MNPI) and a breach of duty or trust. Examples range from corporate executives trading before bad news to tippees acting on confidential tips. The SEC and DOJ are the primary agencies that detect and prosecute insider trading through market surveillance, data analysis, and tips, with potential severe penalties including fines and imprisonment. While legal insider trading exists with proper reporting and pre-planned arrangements, the core issue is the exploitation of privileged, non-public information, which undermines market fairness and investor trust, necessitating constant vigilance and strong enforcement.Mitch Jackson, Esq. | linksRead the full article here. Listen to the full podcast here or subscribe over on Spotify and Apple Podcasts. Get full access to Uncensored Objection. Cross-examining political BS. at mitchthelawyer.substack.com/subscribe