One of the most common acts of deceit in the stock market is known as insider trading Under the SRC, an insider means:

a. The issuer

b. A director or officer of, or a person controlling the issuer,

c. A person whose relationship or former relationship to the issuer gives or gave him access to material information about the issuer or the security that is not generally available to the public

d. A government employee, or director, or officer of an exchange clearing agency, and/or self-regulatory organization who has access to material information about an issuer or a security that is not generally available to the public 

e. A person who learns such information by a communication from any of the foregoing insiders