When a company gives you access to private information (like sales figures for the next quarter), you have an obligation not to trade securities on that informa

When a company gives you access to private information (like sales figures for the next quarter), you have an obligation not to trade securities on that information, as you are essentially taking (or reducing) the opportunity of the company to trade on that information itself. However most of my information is from reading Money Stuff, so don't take me at my word.