When a company employee makes a profit by personally purchasing shares of the corporation prior to public release of favorable information,it is not considered illegal.

Name: When a company employee makes a profit by personally purchasing shares of the corporation prior to public release of favorable information,it is not considered illegal.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is considered insider trading, which is illegal. Employees are not allowed to use non-public information for personal gain.

When a Company Employee Makes a Profit by Personally Purchasing