Insider trading
 Insider trading     | |
|---|---|
| Type | criminal |
| Trading for your own benefit with knowledge only few have. | |
Insider trading refers to the buying or selling of a security on the basis of information that is not available to the public.[1][2][3]
Friends in high places
Regarding the Clinton family's trading of commodity futures in 1978 and 1979, Marc Joffe of The Fiscal Times wrote:[4][5]
"Under the guidance of an attorney representing Tyson Foods, Hillary Clinton made a $98,540 profit from a $1,000 initial investment in less than one year trading commodity futures. While $98,540 may not seem like much money relative to the Clinton family's wealth today, it exceeded Bill and Hillary's combined annual income at the time"..."In Hillary Clinton's case, her $1,000 initial investment was well below the $12,000 deposit required by the Chicago Mercantile Exchange for the first trades she executed. So not only did Hillary make an extraordinary profit for a novice investor, she did so without following the rules applied to less well-connected traders."
An example
| Page name | Description |
|---|---|
| 9-11/Insider Trading | A mound of evidence points to insider trading. However, the 9/11 Commission decided not to investigate the matter and the SEC destroyed important records. |
References
- ↑ https://www.sec.gov/fast-answers/answersinsiderhtm.html
- ↑ https://www.investopedia.com/terms/i/insidertrading.asp
- ↑ https://economictimes.indiatimes.com/definition/insider-trading
- ↑ https://www.thefiscaltimes.com/Columns/2016/02/02/Why-37-Year-Old-Clinton-Financial-Scandal-Still-Relevant saved at Archive.org saved at Archive.is
- ↑ https://www.businessinsider.com/clinton-futures-scandal-still-relevant-today-2016-2
