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Kiplinger

Business

Mark R. Hake, CFA

What Is Insider Trading?

Insider trading written on notebook with financial graphs in background.

In 1986, at the height of a bull market, Dennis Levine, a Wall Street investment banker, was caught red-handed trading and sharing tips on stocks involved in merger-and-acquisition activity.

Levine pled guilty and cooperated with the U.S. government to bring down a host of perpetrators of insider trading across Wall Street.

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