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A comment on $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money. Parent comment

Re:$70M in 60 Seconds: How Insider Info Helped Someone 28x T... by LeafItAlone on Saturday April 12, 2025 @03:49AM (#43662295)
>That's an illustration that insider trading law in the US is not supposed to protect the public.

From [0]: >Because insider trading undermines investor confidence in the fairness and integrity of the securities markets, the SEC has treated the detection and prosecution of insider trading violations as one of its enforcement priorities.

So it _kinda_ is supposed to protect the public.

0. https://www.investor.gov/introduction-investing/investing-ba...

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Re:$70M in 60 Seconds: How Insider Info Helped Someone 28x T... by eru on Sunday April 13, 2025 @12:15AM (#43670046)
Keep in mind that the legal theories of the SEC are distinct from what judges go by.

See https://news.ycombinator.com/item?id=43662242

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