3 ms·
Well, market manipulation is illegal. If the articles are true (factual), the activity is probably OK, but if the individual is making up rumours with the prima
by goodcanadian 8y ago
Well, market manipulation is illegal. If the articles are true (factual), the activity is probably OK, but if the individual is making up rumours with the primary goal of affecting the market to profit from it, that is definitely illegal.
- joshuamorton 8y agoHence my clarification that it wasn't fraud because the articles were true (or at least based on enough evidence to clearly not be fabrication). Fraudulent market manipulation is illegal (such as that based on fabricated or material nonpublic information). Market manipulation when based on good-faith information discovered legally is entirely legal.