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So? Are you implying then that not only does there need to be a ban, it also needs to apply to immediate family members? Where does it stop? in-laws? cousins?
by justinsaccount 5y ago
So? Are you implying then that not only does there need to be a ban, it also needs to apply to immediate family members? Where does it stop? in-laws? cousins? Neighbors? How is that supposed to be enforced?
- Dayshine 5y agoI was under the impression that staff at banks that do trading already have a very stable and accepted system for this. And are very good at enforcing it.
- deleted 5y ago[deleted]
- belter 5y agoIts not unclear. Sometimes difficult to enforce but borders are easy to define: "In 1984, the Supreme Court of the United States ruled in the case of Dirks v. Securities and Exchange Commission[25] that tippees (receivers of second-hand information) are liable if they had reason to believe that the tipper had breached a fiduciary duty in disclosing confidential information. " "Insider trading" https://en.wikipedia.org/wiki/Insider_trading https://en.wikipedia.org/wiki/Insider_trading