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Why would people risk being out of compliance for no reason? Given what we know about insider trading on Wall Street (and LIBOR etc), most likely there was a l
by jcrben 4y ago
Why would people risk being out of compliance for no reason?
Given what we know about insider trading on Wall Street (and LIBOR etc), most likely there was a lof of incriminating discussions. And there does seem to be some evidence in the case of Nomura.
https://dealbreaker.com/2022/09/make-sure-to-delete-that-incriminating-message-about-deleting-potentially-incriminating-messages-too https://dealbreaker.com/2022/09/make-sure-to-delete-that-inc...
- steveBK123 4y agoLOL "The head of a trading desk routinely directed traders to delete messages on personal devices and to use Signal, including during the CFTC's probe." 1000% this was done in-person, not in any electronic medium Probably by telling his right-hand-man or sub-heads who then distributed the message in-person, non-electronically as well