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Material nonpublic information is any information that could substantially impact an investor’s decision to buy or sell the security that has not been made available to the public. This form of insider trading is illegal and comes with stern penalties including both potential fines and jail time. What are examplesRead More →

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Decisively, insider trading is unjust under Rawls’ veil of ignorance, because those who have inside information should choose not to use it based on the uncertainty of which position they will ultimately hold; therefore, by not exercising their advantageous position, they will protect their own interests as well as theRead More →