6 ms·
>There is a category of info called material non public information that is illegal to trade. This is absolutely not true.
by bobcostas55 7y ago
>There is a category of info called material non public information that is illegal to trade.
This is absolutely not true.
- dcl 7y agoDepends on the jurisdiction? In Australia, I believe it is illegal.
- 55555 7y agoThis article is about the Chicago Mercantile Exchange.
- edoceo 7y agoThe SEC does not agree with you https://www.sec.gov/fast-answers/answersinsiderhtm.html https://www.sec.gov/fast-answers/answersinsiderhtm.html
- bobcostas55 7y ago>in breach of a fiduciary duty or other relationship of trust and confidence You can trade all you want on material non-public information if you're not an insider (or got your info from one under certain circumstances).
- edoceo 7y agoLike Martha? https://www.thoughtco.com/martha-stewarts-insider-trading-case-1146196 https://www.thoughtco.com/martha-stewarts-insider-trading-ca...