2 ms·
There's no requirement for information to be "publicly known" to trade on it. You have to be an "insider" for it to be insider trading - ie, there has to be so
by fiatmoney 12y ago
There's no requirement for information to be "publicly known" to trade on it. You have to be an "insider" for it to be insider trading - ie, there has to be some relationship of trust (eg an employee or officer, or in some circumstances people they "tip off").