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This could be easily resolved by making all insider trades happen at the worst price during the preceding and succeeding quarters. Or two quarters before and af
by wang_li 7y ago
This could be easily resolved by making all insider trades happen at the worst price during the preceding and succeeding quarters. Or two quarters before and after the trade. Just make sure that the pricing and the criminal charge for failing to disclose windows overlap.
I realize that there is a buyer or seller for every trade and this could be harmful to them, so perhaps just fine the insider for the difference between the worst prior/successive price and the price on the day of the trade.
- jacques_chester 7y agoYou can make money on a fall as well as a rise.
- wang_li 7y agoThat's why I said worst rather than lowest or highest. Depending on the nature of the trade the price to use may be the lowest price in the window or the highest price in the window.