The use of special knowledge about a firm,which results in an unfair advantage or generates profit or other types of gain,is known as what?
A) Equity financing
B) Market capitalization
C) Insider trading
D) Prospectus information
E) FINRA violation

Question

Quizplus · Accepted Answer

Insider trading involves the use of confidential or non-public information to gain an unfair advantage in trading securities. It is considered illegal and unethical.

The Use of Special Knowledge About a Firm,which Results in an Unfair