> I don't condone lying, but if you have access to inside information why can't you use it? short answer: the SEC says so. > If I find security bugs in some c

> I don't condone lying, but if you have access to inside information why can't you use it? short answer: the SEC says so. > If I find security bugs in some company's git repo is that insider info? The code was public. This is OK! If the code is public, then nothing you learn from it is non-public information. > If I overhear company X employees talking trash on a public hiking trail near their office is that insider info? This is trickier. It all boils down to whether you knew the people talking were insiders. Likely some other factors here I'm ignorant of, but to sum up... "it's complicated".