Re:U.S. SEC Wins 'Shadow Insider Trading' Trial
by JumpCrisscross on Saturday July 06, 2024 @10:16AM
(#40890612)
> I suddenly get a windfall bonus at work and figure I’ll use this “play money” to yolo into OTM GME options or something. Should I now be worried that the SEC is watching my ass?
They’ll flag the transaction and then look further. If this was your first YOLO, you may have some questions to answer. But the SEC can’t put you in jail. And they have to show how you got MNPI. TL; DR Unless you’ve been kissed by an angel, your law-enforcement cross section driving on a public road eclipses that with the SEC.
They’ll flag the transaction and then look further. If this was your first YOLO, you may have some questions to answer. But the SEC can’t put you in jail. And they have to show how you got MNPI. TL; DR Unless you’ve been kissed by an angel, your law-enforcement cross section driving on a public road eclipses that with the SEC.