4 ms·
Don’t they also have to be an insider? If an officer of company A buys securities from company B based on inside knowledge of company A, does that even count a
by mr_toad 8y ago
Don’t they also have to be an insider? If an officer of company A buys securities from company B based on inside knowledge of company A, does that even count as insider trading?
- icebraining 8y agoYes, since SEC v Materia (https://openjurist.org/745/f2d/197/securities-and-exchange-commission-v-materia https://openjurist.org/745/f2d/197/securities-and-exchange-c...).