WASHINGTON—Insider trading evokes images of Wall Street whizzes whispering lucrative secrets, but many offenders are friends and family members of company employees who score modest illegal gains, according to new research.
Half of all inside traders targeted by authorities made less than $59,000, while nearly 40% were friends and relatives of company employees who were close to market-moving information, according to a working paper by Michael Perino of St. John’s University School of Law in New York. The findings contrast...
A fools game
Still illegal
🤔 LUL. But what about insider SEC people, attacking a company for profit?
Africa
it's just a game the bankers put in place to make people lose even more money! 💋
Wow if half of people made that much then there's no way anybody could have made millions
AHAHAHAHAHAHAAHAHAA!!! Really? Oh, I don't know, could it be because maybe, just maybe, the BIGGEST OFFENDERS _don't get caught_?! propaganda mediawatch
Which is more than an average working American makes in a year. Also still illegal. Money is nice but money doesn’t trump everything bud