4 ms·

The SEC absolutely will be looking into this trade.

• swarnie 3y ago
  [flagged]
  • booi 3y ago
    didn't they send martha stewart to jail?
    • yellowstuff 3y ago
      Technically her jail sentence was for lying about her insider trading, not for the original crime.
    • SkipperCat 3y ago
      Martha went to jail for lying to the Feds. If she just told the truth, she would have probably gotten no more than a wrist slap.
  • yellowstuff 3y ago
    Search for "insider trading convictions". They're not rare, and often result in jail time. Are most of the inside traders that get caught non-professional investors, because the pros know how to escape detection? Are the convictions a small fraction of the number of crimes? Is the SEC too focused on crimes that are easy to prosecute and ignoring more important systemic issues? I'd say yes to all, but the SEC is far from toothless in this type of case.
  • vkou 3y ago
    Insider trading is one crime that the SEC prosecutes regularly, because most people doing it are incredibly stupid.