Jun 07 2007
Insider trading
Insider trading is a term that most investors have heard and usually associate with illegal conduct, states the SEC. But the term actually includes both legal and illegal conduct. Say I’m buying a stock because the industry or sector has been in the news, I felt it has good value n potential… then it turns out on my restriction list - the chances that big banks are always involved is very high - so I get a message saying it can’t be bought. Is this a good warning that something is up? Oh ya, it’s. Would this be considered as insider trading? I hope not. But in reality, it’s probably a no go for me, not worth the trouble. Options: choose your employer wisely.