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Under US law (other countries may be different), it is clearly not insider trading. A Boeing customer has no duty of confidentiality to Boeing and they didn't m
by TheCoelacanth 3y ago
Under US law (other countries may be different), it is clearly not insider trading. A Boeing customer has no duty of confidentiality to Boeing and they didn't misappropriate the information from someone who did, so they are not an insider.
Even though they have access to information that the rest of the public doesn't, it is still perfectly legal to trade on that information.
- Kon-Peki 3y agoPlease provide sources. This contradicts the "avoiding insider trading" course I had to go through at work last month. (and just to be clear, I'm not saying you're the one who is wrong).