3 ms·
Would that not be considered insider trading, in which case the employee is privately committing a criminal offense, and thus does not require any additional re
by arghwhat 9y ago
Would that not be considered insider trading, in which case the employee is privately committing a criminal offense, and thus does not require any additional restrictions?
- bpicolo 9y agoInsider trading is a huge part of what they're trying to avoid - intentional or otherwise. It puts the firm at risk if their employees are making dubious trades, even on their own time with their own money
- arghwhat 9y agoIt makes sense that the company wishes to avoid insider trading, but it doesn't make sense that the company is telling its employees to not commit a criminal offense. It should be obvious, and the disincentives by the company is nothing compared to huge fines and time in jail.
- bpicolo 9y agoIt's not just that the tell them not to, they actively audit for it. It's a risk to the company, not just a personal risk to the employee