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> SEC’s complaint alleges that despite receiving a company policy that prohibited them from insider trading […] trade[d] Twilio options and stock in advance of
by donatj 5y ago
> SEC’s complaint alleges that despite receiving a company policy that prohibited them from insider trading […] trade[d] Twilio options and stock in advance of its May 6, 2020 earnings announcement while in possession of the confidential information
Isn't it illegal regardless of company policy? That's such weird phrasing.
- ceeplusplus 5y agoPresumably this is so they can't claim ignorance and receive a lighter sentence.