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Looks very clearly like insider trading. It's obvious that the SEC will get involved, so why will someone be so stupid?
by mathattack 10y ago
Looks very clearly like insider trading. It's obvious that the SEC will get involved, so why will someone be so stupid?
- ryanlol 10y agoIt's not very clear though, the investor could've just as well overheard a conversation. If they didn't commit a crime, why should they be scared of the SEC?
- mathattack 10y agoIf you overhear and know it's inside information it's still illegal to trade on it. And if you have a loophole they will still drag you through the mud.