Information Peddling
officials who are privy to information not available to the general public and use it to their own advantage, monetary or otherwise, monetary or otherwise, are guilty of this. The key factors ar the power of the information and privileged access to it. Actual conflict of interest is present when the information is highly confidential and the official in question is responsible for maintaining the confidence.
for example, suppose a city planner had information about proposed redevelopment plans for an area where a friend 's home was located. He was not a member of the planing team for that area but had access to the changes being considered. As an employee of the city planing department, he was obliged to maintain confidentiality about the plan until it was publicly disclosed to the entire community. However, the friend had offered money in exchange for advance informatio. If the planner had accepted the money, that would have been information peddling