Sentences with phrase «material nonpublic information»

He added that for many years, Coinbase has had a policy in place that prevents employees, their families, and friends from trading cryptocurrencies on material nonpublic information.

The article considers the practical consequences for investment professionals of the Stop Trading on Congressional Knowledge Act, which regulates the dissemination by government employees and political consultants of material nonpublic information about policy initiatives undertaken by the legislative and executive branches of government.

Assuming you're in the US and the stock is possible to sell (public company, no trading window restrictions, you have no material nonpublic information, etc..)

Be interested in the industry as a whole, and don't try to gain material nonpublic information.

Yes, Bharara put plenty of people in jail for trading on what's known as «material nonpublic information,» and some made perfectly reasonable targets.

The SEC, to prove its case, must show (1) that Eric McPhail gave his buddies material nonpublic information (seems easy), (2) that he did it for a benefit to himself (again, easy, steak), and (3) that he had, and knew he had, a legal duty to keep his golf buddy's secrets.

Illegal insider trading is, roughly, trading on material nonpublic information that is disclosed to you «in breach of a fiduciary duty or other relationship of trust and confidence.»

Remember: Sometimes it is legal to trade on material nonpublic information, although, paradoxically, this is not legal advice.

Under regulations that debuted in 2000, Porat is not allowed to selectively disclose «material nonpublic information» to analysts and other market professionals.

Not exact matches

According to U.S. Securities and Exchange Commission (SEC), Stewart avoided a loss of $ 45,673 by selling all 3,928 shares of her ImClone Systems stock on December 27, 2001, after receiving material, nonpublic information from Peter Bacanovic, who was Stewart's broker at Merrill Lynch.

Illegal insider trading generally refers to insider buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security.

Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security.

White - Collar Crime columnists Elkan Abramowitz and Jonathan S. Sack discuss recent charges brought against an Equifax employee, which raise interesting questions as to when nonpublic information within a public company should be deemed material for purposes of insider trading enforcement.