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insiders are normally the high level executives of a firm who possess % equity in a firm.they can buy or sell securities which is publicly undisclosed..it might be legal if it is done after SEC registration or proper procedure otherwise it is illegal. Thanks for inviting me good question
Inside trading is when the Directors of the company try to make secret profit through trading
and yes it is illegal
Insider trading is the trading done by the officials of the company who knows the internal information before hand based on that trading arbitrarily in order to have unlawful gain.
Yes it is illegal. Thanks.
