Is that considered illegal insider trading?

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Feb 26, 2021
8:03:42pm

Dr MoBYU All-American

Is that considered illegal insider trading?

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Dr MoBYU

Previous username: MoBYU
Bio page: Dr MoBYU
Joined: Jul 22, 2001
Last login: May 5, 2024
Total posts: 16,258 (1,000 FO)

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Messages

Author

Time

If I am able to find out details about an ongoing study, and invest in the compa

Dr MoBYU

2/26/21 8:03pm

Is that considered illegal insider trading?

Dr MoBYU

2/26/21 8:03pm

Probably best to let us all know the company name to be safe

2/26/21 8:09pm

Do you have a confidentiality agreement with the company doing the drug

jkccoug

2/26/21 8:09pm

No, it’s just hypothetical but i imagine sometimes people talk in dr lounges

Dr MoBYU

2/26/21 8:12pm

Be very careful. There are probably times you could survive it but just getting

jkccoug

2/26/21 10:17pm

Here’s two doctors the SEC went after for it (link)

jkccoug

2/26/21 8:12pm

If it’s not public information, it’s insider trading.

Blue Print

2/26/21 8:15pm

doh. Blue Print beat me to it.

BYUFBDAD

2/26/21 8:21pm

If you don’t have any duty of confidentiality you might also get away with it

jkccoug

2/26/21 10:16pm

Are you a member of Congress? Otherwise probably illegal.

BYUFBDAD

2/26/21 8:20pm

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