bennfentes kereskedelem

főnév

partial

insider trading

noun

Comparative law notes

Hungary

According to paragraph 410 of the Hungarian Criminal Code, 1. anyone who uses insider information to conclude a transaction involving financial instruments, 2. entrusts another person to conclude a transaction on the basis of insider information in his possession for the financial instruments to which the information pertains or discloses insider information, 3. to any unauthorized person, 4. for financial gain or advantage, 5. is guilty of the felony of insider trading and is punishable by imprisonment not exceeding three years.

Definitions of insider trading

English

the illegal buying or selling of shares with the help of corporate information that is not available to the public

Mr Smith's stock sale was the subject of an insider trading investigation, after rumours that he was acting on a tip from an insider.