3 ms·

I wish someone would explain the rise of the the "everyone is an insider" trading windows thing. There's really no legitimate reason that I can come up with for

I wish someone would explain the rise of the the "everyone is an insider" trading windows thing. There's really no legitimate reason that I can come up with for the lack of proper controls that creates and perpetuates this situation. I imagine executive insiders like it for the stability it brings the stock, but still.

R0b0t1 4y ago
- solardev 4y ago
  Why would it be insane for the execs to suffer the same consequences as their employees? So what if they take a loss? They'll live.
- arcticfox 4y ago
  > A good example is a telecom CEO who refused warrantless monitoring. He consequently sold before he lost a major government contract. Sadly in a case like this the only chance you have is shooting the people who try to arrest you and hoping you survive. Um, the other choice rather than murder is to just hold the stock until the news is public and be a slightly less rich telecom CEO
ghaff 4y ago
The theory at least, especially at a smaller public company, is that a fair number of people potentially have access to information about things, including some feel for where financial results are ending up. Therefore, rather than shrug and tell people to use their own best judgment about their trading on material non-public information, you put a trading window in place that takes a fair bit of judgment out of it.