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Not addressed in the article: whether the SEC thinks the suspicious trading in Equifax options[1] is at all related to this investigation. People say "well, $1.
by tanderson92 9y ago
Not addressed in the article: whether the SEC thinks the suspicious trading in Equifax options[1] is at all related to this investigation. People say "well, $1.8M isn't that much given how much stock they hold"; yes, but, if they were trading options as well then it becomes serious money: the profit on the suspicious options trade was $4.2M.
[1]: https://www.cnbc.com/2017/09/08/suspect-trading-in-equifax-options-before-breach-might-have-generated-millions-in-profit.html https://www.cnbc.com/2017/09/08/suspect-trading-in-equifax-o...
- anigbrowl 9y agoI'm always perplexed by people's motivations for advancing that argument. The notion that the criminality of your actions depends on whether or not you're already wealthy (other facts not being in dispute) seems like the essence of corruption.