My Study Stuff

01/11/2011

insider

Filed under: Business — anlactunay @ 2:35 AM

insider=
Person who (by virtue of his or her employment or other close association) has insider information on a publicly traded firm. The opportunity of an insider to profit from such information is commonly restricted or prohibited by law. In the US, anyone who holds ten percent or more of the voting shares of a firm is automatically considered an insider.

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