________ is the use of material nonpublic information about a company or the securities market to buy or sell securities for personal gain.
A) Insider trading
B) Safeguarding
C) Dumping
D) Expropriation

Question

Quizplus · Accepted Answer

Insider trading refers to the act of using privileged information that is not available to the public to execute trades for personal gain. This is an illegal practice and is considered unethical because it gives insiders an unfair advantage over other market participants. Safeguarding refers to protecting assets from harm or loss, dumping refers to selling goods or assets quickly and at low prices, and expropriation refers to the government taking over private property for public use, usually with compensation. None of these terms are related to the use of nonpublic information to buy or sell securities.

________ Is the Use of Material Nonpublic Information About a Company