The chain of inside information never ends (I think)

Reader comment on: Icahn Insider Trading

Submitted by David in Cal (United States), Jun 2, 2014 22:29

IANAL but my understanding of the law is that the chain of inside information never ends. Suppose an investor buys stock based on a rumor. If that rumor can be shown to have come from inside infomation, then the trade constitutes illegal insider trading, no matter how long the chain from insider to trader.

Note: Comments are moderated by the editor and are subject to editing.

Other reader comments on this item

Title By Date
⇒ The chain of inside information never ends (I think) [54 words]David in CalJun 2, 2014 22:29
right again [20 words]EriKJun 2, 2014 20:44

Comment on this item

Mark my comment as a response to The chain of inside information never ends (I think) by David in Cal

Email me if someone replies to my comment

Note: Comments are moderated by the editor and are subject to editing.