unlawful disclosure of inside information arises where a person possesses inside information and discloses that information to any other person, except where the disclosure is made in the normal exercise of an employment, a profession or duties
Individual may trade on their personal accounts following receipt of insider information or confidential information to front run orders.
Effective implementation of surveillance alerts for unlawful disclosure of inside information requires capturing the following trade data:
communications data
reference data for insider information
A great account of the largest insider trading investigation in the history of Wall Street.
REGULATION (EU) No 596/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL, article 10