The use of material, nonpublic, financial information to obtain an unfair advantage is trading securities is called _____________.

Question

Quizplus · Accepted Answer

Insider trading is the use of material, nonpublic financial information to obtain an unfair advantage in trading securities. Churning refers to excessive buying and selling of securities to generate commissions for the broker. Stock manipulation involves manipulating the market through false or misleading information. Fraud refers to intentional deception for personal gain.

The Use of Material, Nonpublic, Financial Information to Obtain an Unfair