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Someone asked that on HN before. The bottom line is that parallel construction for insider trading isn't a thing. If the SEC can show you had NMPI and traded, y
by yellowstuff 7y ago
Someone asked that on HN before. The bottom line is that parallel construction for insider trading isn't a thing. If the SEC can show you had NMPI and traded, you're in trouble, even if it didn't inform your trading. If they can't show it, it doesn't matter if your explanation was that you had a lucky feeling.
Also, there are armies of vendors selling all kinds of data to hedge funds, the satellite data providers are just good at getting splashy articles written.