3 ms·
It absolutely would be considered insider trading, as this report before its publication clearly falls under the definition of Material Non-Public Information,
by achamayou 11y ago
It absolutely would be considered insider trading, as this report before its publication clearly falls under the definition of Material Non-Public Information, ie. any information that could reasonably be expected to affect the price of a security, and that hasn't been published yet.
- gergles 11y agoYou need a 'duty of trust' to a company to be an insider for IT purposes. There is 0 way a CR writer would have that.
- ghancock 11y agoA CR writer would absolutely have duties to CR. See https://www.law.cornell.edu/supremecourt/text/484/19 https://www.law.cornell.edu/supremecourt/text/484/19 for an example of a journalist who was convicted in such a situation.