Illegal Insider Trading

Consider this: "Imagine a boardroom of corporate executives, along with their lawyers, accountants, and investment bankers, plotting to take over a public company. The date is set; an announcement is due within weeks. Meeting adjourned, many of them phone their brokers and load up on the stock of the target company. When the takeover is announced, the share price zooms up and the lucky 'investors' dump their holdings for millions in profits." First things first …

…power in today's business world. And where power goes, manipulation can't be far behind. Not a day goes by without talk of a new merger, acquisition, or IPO - that is why illegal insider trading has become an ongoing problem. Just remember one thing. When faced with a situation where you may be exposed to illegal insider trading, use the golden rule - "If a lead sounds too good to be true, it probably is."