Insider trading legal russia
Insider trading definition is - the illegal use of information available only to insiders in order to make a profit in financial trading. Insider trading can be legal or illegal depending on if the information used to base the trade is public. Individuals who engage in illegal insider trading attempt to benefit from trades based on The Stop Trading on Congressional Knowledge Act bars Congress, government officials, and their staffs from buying and selling securities based on insider information. The U.S. Office of Government Ethics recently said the law extends to the executive branch employees, including the president and vice president.