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Acting on non-public information constitutes insider trading - wonder if this qualifies.
by aresant 15y ago
Acting on non-public information constitutes insider trading - wonder if this qualifies.
- deleted 15y ago[deleted]
- redthrowaway 15y agoIf it's published OTI, you can make a pretty safe claim that it's public. Otherwise, people who short a company based on a newspaper article accusing the CEO of gross misconduct would be guilty of insider trading.
- anamax 15y ago> Acting on non-public information constitutes insider trading - wonder if this qualifies. No. It's often legal to trade on non-public information. See http://en.wikipedia.org/wiki/Insider_trading http://en.wikipedia.org/wiki/Insider_trading .