Penalties For Insider Trading
A person found guilty of insider trading faces up to 10 years imprisonment and/or the greater of $495,000 or three times the profit gained or loss avoided. For a company, the maximum penalty is the greater of $4.95 million, three times the profit gained or loss avoided or 10 per cent of the company’s annual turnover in the relevant period.
Need I say more? Doyle is going to be in deep debt and a lot if pain! Mind you, he cannot hide behind company structure either. All the wrongdoings will be attributed to him directly at a personal cost.
Penalties For Insider TradingA person found guilty of insider...
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Last
$6.39 |
Change
-0.080(1.24%) |
Mkt cap ! $2.099B | |||
| Open | High | Low | Value | Volume |
| $6.48 | $6.50 | $6.25 | $5.853M | 920.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3143 | $6.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.39 | 500 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| NXL (ASX) Chart |