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The concept of insider trading is one of the corporate ills that is as old as the entity of a company itself. It has its roots firmly established in the very fabric of the corporate world. This corporate crime occurs in a situation where a person or group of persons who possess some form of confidential and more often than not, price sensitive information which is secretive in nature and as such not generally available to the rest of the general public, makes use of such sensitive information to trade securities and stocks for either personal benefit, or for the advantage of any …

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