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Insider trading requires inside _knowledge_. Deducing it oneself is not a defense. Just like classified information, it doesn't matter how you got it, it matt
by gknoy 9y ago
Insider trading requires inside _knowledge_. Deducing it oneself is not a defense. Just like classified information, it doesn't matter how you got it, it matters what you do with it.
- googlryas 9y agoAt what point does the deducing it yourself become allowable(if ever)? If I work at Amazon, and see Bezos in a conference room banging his hands on a desk and raging(which is not his normal behavior at all), I sell AMZN based on that, and then it turns out they had a massive data breach that tanks the stock price, is that insider trading?