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If the SEC is going to start caring about insider trading they should definitely take a look at what the members of the US congress did at the start of the sars
by superkuh 6y ago
If the SEC is going to start caring about insider trading they should definitely take a look at what the members of the US congress did at the start of the sars-cov-2 pandemic.
What this looks like to me is just the SEC with it's well known hate for SpaceX looking to hurt them any way they can.
- justapassenger 6y agoWhat known hate for SpaceX in SEC?
- edoceo 6y agoMaybe they assume SEC hated Elon, and therefore SpaceX too? Either way, citation needed
- koheripbal 6y agoCovid-19 is not a corporation, so the notion of "insider trading of non-public corporate information" makes zero sense. Insider Trading isn't some vague catch-all for non-public information. It has a specific meaning that relates to publicly held corporations.
- superkuh 6y agohttps://en.wikipedia.org/wiki/2020_congressional_insider_trading_scandal https://en.wikipedia.org/wiki/2020_congressional_insider_tra... Sounds like you need to catch up to date on modern law. The STOCK Act passed in 2012 makes this "insider trading".