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Material News - Material News is prior studies indicating insider buying, selling, activity precedes positive, negative, abnormal returns that persist over relatively long horizons. Presumably, investors may benefit from knowledge of previous insider trades, consistent with this, the financial press and investment advisors frequently provide information on insider trading activity. Recent efforts to reduce incidence of insider trading based on non-public information have originated from regulatory authorities and companies. Congress has passed numerous new laws regulating insider trading. It investigates economist's opinions on insider trading. It investigates with a special focus on whether insider trade regulations are the main force behind the regulation.
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