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Insider meaning someone who knew about this deal. If you are an insider shorting things before deals are announced, you absolutely can face criminal charges whi
by whatok 6y ago
Insider meaning someone who knew about this deal. If you are an insider shorting things before deals are announced, you absolutely can face criminal charges which can include a prison sentence.
- toomuchtodo 6y ago> you absolutely can face criminal charges which can include a prison sentence. You can (the chance is not 0), but the chances are very rare based on recent historical SEC enforcement actions. I'm not advocating for securities fraud, I'm expressing the observation of lax enforcement by the SEC. https://www.sec.gov/files/enforcement-annual-report-2019.pdf https://www.sec.gov/files/enforcement-annual-report-2019.pdf
- whatok 6y agoHave fun taking your chances on that.
- deleted 6y ago[deleted]