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Interesting how the middleman got off without punishment. Shows how narrow insider trading can get, which speaks the the programmer tendency to assume law is co
by Danieru 7y ago
Interesting how the middleman got off without punishment. Shows how narrow insider trading can get, which speaks the the programmer tendency to assume law is code. Rather law is interpreted and in this case only two of the three parties fell under the SEC enforcement. That neither is going to jail is also notable, SEC can take money and burn a career but stealing from the market is lots safer than selling drugs.
- thaumasiotes 7y agoWell, for insider trading, it isn't prohibited by law. It's entirely precedent.