Insider trading is defined as trading on nonpublic information. This is a highly debated topic as some believe that it is wrong because it gives a select few unfair market advantages. Others believe that the insider has no moral obligation not to disclose information to the public and that it does not create a loss, and therefore is not a crime. The U.S. Securities and Exchange Commission has different views. This case explores the story of a day trader who took part in a 17-year insider trading ring that resulted in millions in profit.
