4 ms·

Does insider trading apply to the public sector?

• tehlike 7y ago
  It should. This is using publicly unavailable data for profit.
  • ta999999171 7y ago
    "Publicly available" is not the "line".
• deleted 7y ago
  [deleted]
• cl0ckt0wer 7y ago
  Yes, but I'm sure there are ways around it. https://en.wikipedia.org/wiki/STOCK_Act https://en.wikipedia.org/wiki/STOCK_Act
• Xelbair 7y ago
  If i recall right it doesn't for some weird reason. Still, can't you get away with it by posting a sale order year in advance, and just cancel it last minute? just schedule it for every week - you have a proof that way that it wasn't insider trading, you were prepared to sell anyway.
  • jjeaff 7y ago
    It is illegal as of 2012.