3 ms·
That's not the definition of insider trading.
by smabie 7y ago
That's not the definition of insider trading.
- mulmen 7y agoOk, I’ll bite. If that is not the definition of insider trading what is?
- microtherion 7y agoOne additional element is that said information is obtained through privileged access (i.e. you acquire it in an official capacity and are expected to keep it confidential; if you overhear a random conversation, the information may not be available to the general public, but you can still trade on it). Pretty sure Burr's access to the information would qualify under this definition.