EPISODE · Feb 23, 2021 · 8 MIN
#MoneyMondaysJa - HOW TO AVOID INSIDER TRADING
from Money Media · host Kalilah Reynolds
Watch this episode on YOUTUBE! It’s easy to understand why someone would be happy to use an "inside scoop" to stay ahead, but using that "inside scoop" is actually illegal. It's illegal for anyone to use information not available to the public to make trades on a stock exchange. That's called illegal insider trading. Under Jamaican law, you can be sentenced to up to ten years in prison plus have to pay a fine determined by the court, for insider trading. You may also be liable to pay compensation to persons who've suffered loss as a result of your insider trades. They can bring action against you for those losses. Read a full transcript of this episode at https://kalilahreynolds.com/programmes/moneymondays Speak to an investment advisor at PROVEN Wealth about opening your investment account today! Visit https://provenwealth.com LET’S GET THIS MONEY! #letsgetthismoney Subscribe to my newsletter at https://kalilahreynolds.com Follow me on Facebook: https://facebook.com/kalilahrey Follow me on Instagram: @kalilahrey Doing business and investing in Jamaica and the Caribbean RELATED TO THIS VIDEO: #MoneyMondaysJa - HOW TO INVEST ON THE JAMAICA STOCK EXCHANGE https://www.youtube.com/watch?v=HzAuu8sAhO0&t=3s #MoneyMondaysJa - HOW TO BUY U.S. STOCKS FROM THE CARIBBEAN https://kalilahreynolds.com/episodes/how-to-invest-in-foreign-stocks/ TAKING STOCK https://kalilahreynolds.com/programmes/takingstock/
What this episode covers
Watch this episode on YOUTUBE! It’s easy to understand why someone would be happy to use an "inside scoop" to stay ahead, but using that "inside scoop" is actually illegal. It's illegal for anyone to use information not available to the public to make trades on a stock exchange. That's called illegal insider trading. Under Jamaican law, you can be sentenced to up to ten years in prison plus have to pay a fine determined by the court, for insider trading. You may also be liable to pay compensation to persons who've suffered loss as a result of your insider trades. They can bring action against you for those losses. Read a full transcript of this episode at https://kalilahreynolds.com/programmes/moneymondays Speak to an investment advisor at PROVEN Wealth about opening your investment account today! Visit https://provenwealth.com LET’S GET THIS MONEY! #letsgetthismoney Subscribe to my newsletter at https://kalilahreynolds.com Follow me on Facebook: https://facebook.com/kalilahrey Follow me on Instagram: @kalilahrey Doing business and investing in Jamaica and the Caribbean RELATED TO THIS VIDEO: #MoneyMondaysJa - HOW TO INVEST ON THE JAMAICA STOCK EXCHANGE https://www.youtube.com/watch?v=HzAuu8sAhO0&t=3s #MoneyMondaysJa - HOW TO BUY U.S. STOCKS FROM THE CARIBBEAN https://kalilahreynolds.com/episodes/how-to-invest-in-foreign-stocks/ TAKING STOCK https://kalilahreynolds.com/programmes/takingstock/
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#MoneyMondaysJa - HOW TO AVOID INSIDER TRADING
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