11–20 of 480 posts
The whole goal of the stock market is to come up with information that people don’t generally have (insider trading) either from research, or secret info, so you can dupe everyone else’s money.
> We don’t know who placed the trades. We don’t know what they knew. Actually, “we”, collectively, do know, because the SEC maintains an “XKEYSCORE for equities” called CAT. If there was interest, the government could know exactly who placed these trades. But the call (options) are coming from inside the house.
What would determine whether the SEC will investigate for insider trading? I would expect them to be shielded from executive pressure.
How many physicians have been able to get rich from learning a CEO will be out of commission? In that case, I'm not even sure whether it would be considered insider trading.
How does one even go about accusing someone of insider trading? The illegality sounds pretty unenforceable.
A relevant aside: surely insider trading is happening all the time? There are so many daily market-shifting events involving so many privy parties that it seems inevitable to happen every few minutes (not defending the actions in the article). How many physicians have been able to get rich from learning a CEO will be out of commission? In that case, I'm not even sure whether it would be considered insider trading. Ho…
> We don’t know who placed the trades. We don’t know what they knew. Actually, “we”, collectively, do know, because the SEC maintains an “XKEYSCORE for equities” called CAT. If there was interest, the government could know exactly who placed these trades. But the call (options) are coming from inside the house.
What would determine whether the SEC will investigate for insider trading? I would expect them to be shielded from executive pressure.
> We don’t know who placed the trades. We don’t know what they knew. Actually, “we”, collectively, do know, because the SEC maintains an “XKEYSCORE for equities” called CAT. If there was interest, the government could know exactly who placed these trades. But the call (options) are coming from inside the house.
What would determine whether the SEC will investigate for insider trading? I would expect them to be shielded from executive pressure.
In the past month the SEC has stopped most enforcement actions involving crypto.
No citations.
Just search for SEC insider trading cases. When they happen in options they are often pretty obvious unless the market is moving with real momentum the same way, and even then, option sellers will report you if they think it is suspicious. (By obvious, I mean, regulators should start asking questions - of course there can be a multitude of reasons.)
The difference here is that absolutely NO ONE on any side of politics seems to think the SEC & DOJ will pursue these.
> We don’t know who placed the trades. We don’t know what they knew. Actually, “we”, collectively, do know, because the SEC maintains an “XKEYSCORE for equities” called CAT. If there was interest, the government could know exactly who placed these trades. But the call (options) are coming from inside the house.