Quote:
Originally posted by tonkagunner
some of you are really stupid about insider trading. The law says you can't profit from secret information. It doesn't matter who you are.
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It has nothing to do with "secret information" (and you are calling people here stupid...lol)
The main cause of action in any insider trading suit is set on the basis of wheather or not an individual acting in his or her own capacity as an officer, director, employee or sub-contracted entity acted to make a prfit based on information that had not been readily disclosed to the public prior to such an action.
Get it?