Business, Legal & Accounting Glossary
A market order placed by a company insider on shares of the company. The order must be placed in accordance with Securities and Exchange Commission (SEC) regulations, to avoid an insider trading violation. The move is not typically seen as advantageous to the insider. For example, an executive places an order to sell shares he just received as compensation.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Closed-market Transaction are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.