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>If you're using information anyone could get with some research, then it's not illegal. If I am willing to give out information gained during employment of th
by notch656a 5y ago
>If you're using information anyone could get with some research, then it's not illegal.
If I am willing to give out information gained during employment of the company to anyone asking as part of their research, then by this definition it's not illegal, as anyone can get the information with some research.
- ethbr0 5y agoSee fair disclosure requirements https://www.investor.gov/introduction-investing/investing-basics/glossary/fair-disclosure-regulation-fd https://www.investor.gov/introduction-investing/investing-ba...
- notch656a 5y agoAt best that would only require you to disclose to everyone once asked by someone performing some research, or through the outlined regulation FD mechanisms. It still holds that using your own definition, all it takes is some research to gain what the employee who is willing to give up information knows, and that giving up the information can be done in a way that avoids violating regulation FD.
- ethbr0 5y agoIf you want to play chicken with the SEC like they're a D&D DM you're rules lawyering, be my guest. Because while they may not prosecute often, I'd still rather stay off their radar.