IDK... Seems like a smart play to me. That's stupid. I buy or sell based on what I hear all the time. He just has a better seat then me.
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“The reason insider trading is illegal is because it gives the insider an unfair advantage in the market, puts the interests of the insider above those to whom he or she owes a fiduciary duty, and allows an insider to artificially influence the value of a company's stocks.”
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Shouldn't they be not allowed to own stock then? If selling based on what they hear is illegal? Can't play the lotto if ya work for them for example
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A lot of people don't own stock in companies they work for, it's risky for a lot of reasons. Also, It's not just employees who can be guilty of insider trading, it's anyone who makes trade based on insider knowledge.
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for example, if the Equifax CEO told a friend about the data breach before it was public knowledge and that friend sold their stock, the friend would guilty of insider trading.
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NO! DOES THAT HAPPEN EVERYDAY? I'M SHOCKED! SHOCKED I SAY.
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And Carl Icahn selling $32mm of steel stock before close friend announced steel tariff? Crickets on that one?
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Isn’t this old news???
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What, to join Trump admin I’d suppose?
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Creator of the human beings from 50 billion years ago Evolution and creation. By the way God renewed man for 6,000 years I made it before, and given ten commandments. Creator was angry. God is the Creator. Man is the child of the Creator. Korea condemns the president Poor country
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Ex-Equifax exec may face jail time and loss of $1 M ill-gotten gain and penalties, but will keep his good credit rating if liked by former colleagues... - Former top Equifax exec sold nearly $1 million in stock after learning about 2017 major data breachhttp://nyti.ms/2FGRpfg
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@StacyCowley so#diabolical, bc he knew his biggest customers are ppl super paranoid abt identify theft/financial fraud.#deviousThanks. Twitter will use this to make your timeline better. UndoUndo
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CROOKED!!!
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And greedy criminals like this oversee and pass judgement on the Credit viability of tens of millions of Americans? What’s wrong with that picture?
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