Insider Trading Training That Prevents Costly Mistakes

Illegal insider trading is a highly regulated crime that the Securities and Exchange Commission (SEC) takes very seriously. While not all insider trades are illegal, trades based on material, non-public information (MNPI) are against the law. Insider trading is illegal, which means it can damage a company's reputation and jeopardize its future financial success. Additionally, it can put the business in danger from legal action, which could result in time-consuming, expensive investigations, and hefty fines and penalties. Effective training helps employees recognize material nonpublic information, understand when trading or sharing is prohibited, and know how to handle sensitive information appropriately. For organizations, that helps reduce the risk of insider trading violations, regulatory scrutiny, financial penalties, and reputational damage.

EasyLlama’s Insider Trading training course is designed to help anyone who makes trades in public markets with the goal of avoiding accidental or purposeful illegal insider trading, regardless of whether or not they work for a publicly traded company. There's no single fixed retraining schedule, but many organizations choose to retrain employees annually as SEC rules continue to evolve. While securities laws do not set a strict calendar schedule for Insider Trading training frequency, best practices and corporate compliance standards strongly recommend providing insider trading education upon onboarding and conducting refresher training on an annual basis.

Yes. EasyLlama’s Insider Trading training is built with legal experts to reflect applicable federal securities laws and SEC insider trading requirements, including Rule 10b-5 under the Securities Exchange Act of 1934. The course is reviewed and updated as applicable laws, regulations, and regulatory guidance evolve, so employees learn from current information about material nonpublic information and insider trading.

EasyLlama’s Insider Trading training covers how insider trading laws work, different theories of insider trading, and the SEC’s role in enforcing them. Learners explore how to identify material nonpublic information (MNPI), who may be considered an insider, and how tippers and tippees can create insider trading risk. The course also covers types of illegal trades, potential penalties for insider trading violations, and practical best practices for avoiding accidental or intentional illegal insider trading.

EasyLlama combines legal accuracy with a modern, engaging learning experience and content that stays up to date as guidance evolves. Instead of a static compliance module, learners work through realistic scenarios that help them recognize material nonpublic information and understand how insider trading can happen in real situations. Administrators can customize every course with their own branding, policies, and workplace examples, while learners can access training in 100+ languages so everyone can learn in the language that works best for them.