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insider trading

if management of a public company places large amount of sell orders one second after a material non public information is published by media (e.g. company is going downhill), is that a violation?

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Yes.

Simplify the complicated side; don't complify the simplicated side.

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S2000magician wrote:

Yes.

Can you elaborate further please? The company management placed the trade after the info went public. Not a violation?

Las almas de todos los hombres son inmortales, pero las almas de los justos son inmortales y divinas.
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Harrogath wrote:

S2000magician wrote:

Yes.

Can you elaborate further please? The company management placed the trade after the info went public. Not a violation?

i think you need to give reasonable time for it to reach the public before taking action ?  One minute doesn’t seem reasonable.

cc_1983 wrote:
Harrogath wrote:
S2000magician wrote:

Yes.

Can you elaborate further please? The company management placed the trade after the info went public. Not a violation?

i think you need to give reasonable time for it to reach the public before taking action ?  One minute doesn’t seem reasonable.

And one second is only 1/60 as reasonable as one minute.

Simplify the complicated side; don't complify the simplicated side.

Financial Exam Help 123: The place to get help for the CFA® exams
http://financialexamhelp123.com/

I understand, thanks.

Las almas de todos los hombres son inmortales, pero las almas de los justos son inmortales y divinas.
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