3 ms·
No, it only matters if you had a duty to keep that information confidential: https://www.kiplinger.com/article/investing/T052-C008-S001-would-you-be-guilty-of-
by rrdharan 8y ago
No, it only matters if you had a duty to keep that information confidential:
https://www.kiplinger.com/article/investing/T052-C008-S001-would-you-be-guilty-of-insider-trading.html https://www.kiplinger.com/article/investing/T052-C008-S001-w...
- shkkmo 8y agoSeveral examples given that article seems to conflict with the explanation given in the other article linked in the replies, particularly situation 7. Your article justifies it "Yes" answer because you were told the information was confidential, but then the "case study" used to back this up includes envelopes on cash being exchanged for this information. My reading of the other article seems to indicate that you would be fine because the CEO was not compensated by you for providing the information and there is nothing to indicate that this information was given as a gift. Other article: https://www.bloomberg.com/opinion/articles/2015-07-31/when-can-investors-talk-to-companies- https://www.bloomberg.com/opinion/articles/2015-07-31/when-c... Edit: Given the bloomberg article cites relevant supreme court cases, I'm more inclined to believe it.