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Insider Trading Sanctions Act Of 1984
Source: Encyclopedia of Banking & Finance (9h Edition) by Charles J Woelfel
(We recommend this as work of authority.)

An act that increased the penalties against persons who profit from illegal use of insider information.  The act allows the SEC to seek fines of up to three times the profits gained or losses avoided by those insiders who improperly use material nonpublic information.  The act also increases from $10,000 to $100,000 the criminal penalties for market manipulation, securities fraud, and certain other violations.  The act does not define "material inside information" or limit its prohibitions to corporate insiders.  Anyone who helps another person to violate the insider trading rules can be held liable.

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