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A comment on Apple will soon treat online web tracking the same as a security vulnerability. Parent comment

Re:Apple will soon treat online web tracking the same as a s... by jcranberry on Tuesday August 20, 2019 @10:13AM (#20747231)
You're right that my knowledge of insider trading isn't strong but according to sec.gov the following qualifies as insider trading:

>Employees of law, banking, brokerage and printing firms who traded based on information they obtained in connection with providing services to the corporation whose securities they traded;

Correct me if I'm wrong, but that sounds like this particular situation to me.

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Re:Apple will soon treat online web tracking the same as a s... by stock_toaster on Tuesday August 20, 2019 @07:36PM (#20753333)
In this case, I think the "services" they are providing in conjunction with this offering would be to MasterCard, Apple, and the cardholder, so I don't thing they would be constrained with regard to anything else for /this data/. Though, I think it really depends on the agreements between MasterCard and Apple, about what data would be considered "misappropriated" though (see sweeneyrod's link[1]).

They still couldn't /legally/ trade on things like "companyX asked us for a loan, so let's buy/short/etc companyX before they announce it", as that would be servicing companyX directly, and they learned the information (about the loan) from that servicing.

[1]: https://news.ycombinator.com/item?id=20729529

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Re:Apple will soon treat online web tracking the same as a s... by jcranberry on Wednesday August 21, 2019 @09:24AM (#20756896)
Thank you for the response!
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