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> Corporate employees abusing trust are doing it equivalently whether they trade securities or place bets. But the crime the article is talking about isn't "ab
by chromacity 6mo ago
> Corporate employees abusing trust are doing it equivalently whether they trade securities or place bets.
But the crime the article is talking about isn't "abusing trust", it's insider trading. Insider trading is defined in a specific way. For one, as far as I understand it, it must involve securities.
- JumpCrisscross 6mo ago> Insider trading is defined in a specific way. For one, as far as I understand it, it must involve securities I just remembered that Dodd-Frank expanded insider trading to cover e.g. commodities [1]. So it definitely applies outside securities in the U.S. [1] https://www.lw.com/admin/upload/SiteAttachments/Alert%202827.v5.pdf https://www.lw.com/admin/upload/SiteAttachments/Alert%202827...