Thursday, February 1, 2018

Some Trades Are Shady, Not All Are Illegal - Bloomberg

Some Trades Are Shady, Not All Are Illegal - Bloomberg



... “If you have information that you know is nonpublic and material, but you have no duty to keep quiet, it’s in the category of information you overhear in a taxi,” says Stephen Crimmins, a former SEC enforcement lawyer who now works for Murphy & McGonigle. “You can trade on it.”

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