White Collar CrimeInsider Trading
Insider trading refers to the illegal practice of trading stocks, bonds, or other securities based on confidential, non-public information about a company. This information is typically obtained by individuals who have access to privileged information due to their position within the company, such as executives, employees, or board members. Insider trading is considered a form of white-collar crime because it involves deceit and abuse of power for financial gain. It undermines the integrity of the financial markets and can lead to unfair advantages for those involved in the illegal activity.
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