18.9 Securities-Damages is a legal term that refers to damages or losses caused by a breach of securities laws. This includes damages caused by insider trading, market manipulation, fraud, or other violations of securities laws. There are two main types of 18.9 Securities-Damages: compensatory damages and punitive damages. Compensatory damages are designed to make the aggrieved party whole and are typically calculated based on the amount of money lost due to the violation. Punitive damages are intended to punish the violator and are often determined by a jury.