4 ms·
I'd hazard a guess that you don't even need to make a killing or do it suddenly--every insider scheme I've heard about involves getting company performance data
by labcomputer 5y ago
I'd hazard a guess that you don't even need to make a killing or do it suddenly--every insider scheme I've heard about involves getting company performance data a few days before it is publicly released at an earnings call or a 10k (or notice of an M&A a few days before it is announced).
If you consistently make directionally-correct trades (no matter how big) on one particular symbol (or derivatives of it) within +/- n days of earnings, that probably raises your risk score. Probably even more if your trades are always the same day of week before earnings or same number of days before earnings.
- AmericanChopper 5y agoI was working overseas once, and a cousin I’ve never met coincidentally purchased some stock in my employer. It wasn’t a huge order, and there was nothing especially strange about the transaction (no massive gains or anything). But their local version of the SEC investigated it and got in touch with my company about it. I’d be surprised if the SEC wasn’t proactively monitoring this sort of thing on some level.