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A comment on Facebook Terminated Corporate Development Employee Over Insider Trading Scandal. Parent comment
> Insider trading is a criminal offence
The update in the article suggests that the trades may have been done prior to any non-public information about Goldman's valuation.
BTW, there is a good discussion about the (il)legality of insider trading for privately held companies over at Quora: http://www.quora.com/Do-insider-trading-laws-apply-to-privat...
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> Insider trading is a criminal offence
The update in the article suggests that the trades may have been done prior to any non-public information about Goldman's valuation.
BTW, there is a good discussion about the (il)legality of insider trading for privately held companies over at Quora: http://www.quora.com/Do-insider-trading-laws-apply-to-privat...