News for hackers. Stuff that matters.

A comment on Is it insider trading if I bought Boeing puts while inside the wrecked airplane?. Parent comment

Re:Is it insider trading if I bought Boeing puts while insid... by arthurcolle on Sunday January 28, 2024 @04:19AM (#39163861)
I'm sorry but you are wrong. Russia is the only country that I know of that does not follow "common understanding" of insider trading
[ Parent | on HN ]
Re:Is it insider trading if I bought Boeing puts while insid... by tomp on Sunday January 28, 2024 @03:21PM (#39169435)
Do you ever bother reading?

https://en.wikipedia.org/wiki/Insider_trading#Legal_differen...

> The principle is that it is illegal to trade on the basis of market-sensitive information that is not generally known. This is a much broader scope than under U.S. law. The key differences from U.S. law are that no relationship to either the issuer of the security or the tipster is required; all that is required is that the guilty party traded (or caused trading) whilst having inside information

[ Parent | on HN ]