4 ms·

I am not a lawyer. The directors can share "inside" information with specific investors and other parties. Those parties then become "insiders" themselves and m

by nroets 12y ago

I am not a lawyer. The directors can share "inside" information with specific investors and other parties. Those parties then become "insiders" themselves and may not buy or sell shares.

mathattack 12y ago
Ahhh - thanks! So it's a matter of not being able to trade on it. This makes sense.