Home > Glossary > Insider Trading And Securities Fraud Enforcement Act Of 1988
Meaning / Definition of
Insider Trading And Securities Fraud Enforcement Act Of 1988
Categories: Estate Planning, Investing and Trading,
A federal law attached with the insider trading sanctions act of 1984 that punishes employees who failed to prevent other employees from engaging in insider trading activities. This law allows the penalty to equal up to three times the profit that was gained from the illegal activity.
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