2 ms·

https://www.sec.gov/news/press-release/2021-155 https://www.sec.gov/news/press-release/2021-155 You absolutely can get charged for trading in a similar company

• extr 5y ago
  This is another situation where I am literally dumbfounded at the actions of the indicted. How are you smart enough to know what options are and how to buy them but stupid enough to think that you won't get caught making such a blatant trade? It's like these people think they're the first ones to ever come up with the idea of trading on privileged information so there's no way they'll get caught.
• Bedon292 5y ago
  Interesting, hadn't heard of that one before. With some digging this appears to be the first case where they have ever charged someone for "shadow trading" like this. And it is still making its way through the courts. Definitely will be following that.