Insider trading

Trading by management or others who have special access to unpublished information. If the information is used to illegally make a profit, there may be large fines and possible jail sentences.

Participation by corporate officers, directors or employees in the trade of a stock based on confidential or privileged corporate information, knowing that information to be confidential, and seeking thereby to acquire profits or avoid losses on the stock market. - (read more on Insider Trading)
  

Buying or selling of corporation stock by a corporate officerwho profits by his or her access to information not available to the public.Corporate insiders who trade on the basis of nonpublic corporate informationmay be exposed to liability under state or federal law because of a policy thateverybody should have equal access to information and that insiders should notprofit personally from something that belongs to the corporation.