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Business
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| Number of pages / Number of words: |
4 / 904 |
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To him it becomes a moral issue, which could have legal consequences. Even if no one found out Erlich is still unearthed at the fact that it would be morally wrong to make financial gains upon knowledge that has not been made public.
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insider trading n. "the use of confidential information about a business gained through employment in a company, to buy/sell stock...
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"the use of confidential information about a business gained through employment in a company, to buy/sell stock.. The victims are the unsuspecting investing public. It is a crime under the Securities and Exchange Act," for which Ivan Boesky and others have been sentenced to prison. It is true that trading by insiders on the basis of non-public information seldom directly injures anyone...
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