What Are The Penalties For Exposing Nonpublic Information?

1.	What Are The Penalties For Exposing Nonpublic Information?
Answer» The use of nonpublic information concerning a company or any of its affiliates (a.k.a. "inside information") in securities TRANSACTIONS ("insider trading"), may violate federal securities laws. Penalties can include: Exposure to investigations by the SEC. Criminal and civil prosecution. RELINQUISHING profits realized or losses avoided through use of the information. Penalties up to $1 million or THREE times the amount of any profits or losses, whichever is greater. Prison terms of up to 10 years. The use of nonpublic information concerning a company or any of its affiliates (a.k.a. "inside information") in securities transactions ("insider trading"), may violate federal securities laws. Penalties can include:

Answer»

The use of nonpublic information concerning a company or any of its affiliates (a.k.a. "inside information") in securities TRANSACTIONS ("insider trading"), may violate federal securities laws.

Penalties can include:

Exposure to investigations by the SEC.
Criminal and civil prosecution.
RELINQUISHING profits realized or losses avoided through use of the information.
Penalties up to $1 million or THREE times the amount of any profits or losses, whichever is greater.
Prison terms of up to 10 years.

The use of nonpublic information concerning a company or any of its affiliates (a.k.a. "inside information") in securities transactions ("insider trading"), may violate federal securities laws.

Penalties can include:

Discussion

No Comment Found

Related InterviewSolutions

What Action Should A Company Take If Nonpublic Information Is Inappropriately Exposed On Its Network?
Who Is Personally Liable If There Is A Compliance Violation?
How Long Is The "reach Back" On Compliance Violations?
Are There Compliance Strategies I Can Deploy To Help Prove Due Diligence If Our Company Is Investigated?
What Role Should External Auditors Play In Compliance?
Will I Need To Prevent Electronic Disclosures From Occurring?
What Happens If I Am Investigated?
What Are The Penalties For Exposing Nonpublic Information?
Since So Much Nonpublic Information Is Communicated Beyond E-mail Based On The Simple Mail Transfer Protocol, How Can We Build Internal Controls To Adequately Detect The Timely Disclosure Of Information Flowing Over Web Mail, Chat, Or Http?
What Types Of Information Must Be Protected By Internal Controls According To Sarbanes-oxley?

What Are The Penalties For Exposing Nonpublic Information?

Discussion

No Comment Found

Related InterviewSolutions

Reply to Comment