Examples of insider trading
Prafful Saxena (Article assistant) (113 Points)
21 April 2013Prafful Saxena (Article assistant) (113 Points)
21 April 2013
CA Riswa Parekh
(Practicing)
(1591 Points)
Replied 21 April 2013
When any employee or CEO of a company have secret information (no-public information) e.g., company is PLANNING to merge with other company and due to it share price may increase than employee will pruchase the shares or vice-versa.
This type of trading is insider trading.