Definitions for "Insider Information"
Keywords:  illegal, tippees, itsfea, trade, fraud
Information about a company's financial situation that is obtained by insiders (OFFICERS, DIRECTORS, employees, etc. ), before the public obtains it. True inside information is usually known only by corporate officials or other "insiders. " SEC rules and court decisions restrict stock trading by insiders on the basis of such information. See also INSIDER; INSIDER TRADING; and TIPPEES.
important information about the plans or condition of a corporation that has not been released to the public; use for personal profit is illegal
Information on a company that has not yet been made available to the public. Trade securities on the basis of such this information is illegal.
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