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Interesting. In that case, isn't all trading, given you work for an employer, "insider trading." If you see a bug opened on your company's GitHub and think it's
by tabeth 9y ago
Interesting. In that case, isn't all trading, given you work for an employer, "insider trading." If you see a bug opened on your company's GitHub and think it's crucial and sell all of your stock that's insider trading right?
- tfroseman 9y agoIANAL but I believe that the spirit of the law being that insider trading is when you use confidential/privileged information to decide your trades. In this case IF they knew about the breach and made trades before a public announcement then that is insider trading. As for github bug report, that seems like a legal gray area.
- matt4077 9y agoDid you choose GitHub because (most) repositories there are public? If that's the question, I'm pretty sure it wouldn't be insider trading, because by definition it wasn't inside knowledge. (Unless it required other, non-public data to know that the bug was important)