4 ms·
Insiders aren't allowed to short a stock. It's against the law.
by jedberg 3mo ago
Insiders aren't allowed to short a stock. It's against the law.
- tonfa 3mo agoAgainst corporate policy, it's against the law only if they trade on material non public information. Once the lockup expire they'll be able to trade (sometimes there's trading window but some tech company don't have any for lower level employees), and they'll still be insiders.