What is Insider Trading? | SIE, SERIES7, SERIES63, SERIES65, SERIES66 Exam Prep

Insider trading is the illegal practice of buying or selling securities based on material, non-public information, or tipping others to trade on such information. It violates securities laws and can result in civil and criminal penalties. 📚 Learn more about Insider Trading and other key terms for your SIE, SERIES7, SERIES63, SERIES65, SERIES66 exam at Open Exam Prep. 🎯 This term appears on: SIE, SERIES7, SERIES63, SERIES65, SERIES66 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Insider Trading definition: https://www.open-exam-prep.com/glossary/insider-trading 💡 Exam Tip: Insider trading = trading on MATERIAL, NON-PUBLIC info. Both tipper AND tippee liable. Criminal penalties up to 20 years! --- #securities #examprep #financeexam #sie #series7 #series63 #series65 #series66