Sentences with phrase «nonpublic information»
"Nonpublic information" refers to any details or data that haven't been made available or disclosed to the general public. It's knowledge that is private or restricted to a specific group of people and not known or accessible to others. Full definition
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.
paulweiss.com
LoanStar Home Lending collects nonpublic information about consumers from the following sources:
In response to questions about whether Chartwells gave gifts to the CPS employee, the company released a statement that read: «It is inappropriate for us to comment on nonpublic information related to bids.»
No Insider Trading: In the course of employment, employees may come into possession of nonpublic information regarding companies (including clients) such as proposed transactions or internal decisions.
The report, which was initially adopted by OCE in July, recommends further review of the allegation the congressman shared nonpublic information in the purchase of Innate stock.
The Board of the Office of Congressional Ethics, in a 6 - 0 vote, found there is «substantial reason to believe» that Collins may have shared nonpublic information in the purchase of the stock, which would violate federal law and House rules and standard of conduct.
New York University (NYU) associate professor of radiology Yudong Zhu and NYU graduate student Xing Yang, both Chinese citizens, were arrested on 19 May on federal bribery charges in connection with an alleged conspiracy to pass nonpublic information from research funded by the U.S. National Institutes of Health (NIH) to a Chinese company with ties to the Chinese government.
New studies find that banks abused nonpublic information during the financial crisis and that brokers and clients often engage in quid pro quo for insider knowledge.
All employees of EPE are prohibited from trading in the publicly traded securities of any company while in the possession of material nonpublic information regarding that company.
(5) A judge should not disclose or use nonpublic information acquired in a judicial capacity for any purpose unrelated to the judge's official duties.
The SEC said John Stimpson bought AuthenTec call options, a bet that the stock price would rise, after learning nonpublic information in early July 2012 about a merger, including a special AuthenTec board meeting and unusual activity in AuthenTec's human resources department.
Editor's note: This article has been updated to reflect the debate surrounding public vs. nonpublic information more completely, and to more precisely describe the website issues Harvest Exchange experienced due to a scraping algorithm.
Web scraping and other alternative data collection practices are already fueling debate over what constitutes nonpublic information and insider trading — and whether investors can misuse information even when it's public and legally obtained.
As Cumberland Advisors shares nonpublic information solely to service our client accounts, we do not disclose any nonpublic personal information about our customers or former customers to anyone, except as permitted by law.
Moreover, FED Chair's words can move markets (and cause unintentional changes in funding cost), so Janet Yellen is more cautious in talking to members of the public than in the past (every time someone asks her a question, there is a risk of her releasing nonpublic information).
What follows is a description of the information we collect and disclose, including the parties who receive nonpublic information from us.
Carbone was accused of soliciting information from Bachelor participants, cast, crew and other employees of the series and inducing them to breach contracts promising not to divulge nonpublic information.
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.
We believe that it is permissible to «friend» X in this situation in order to access nonpublic information only when the lawyer has been able to send a message that discloses her identity as the plaintiff's lawyer.
Yan's spouse worked at an international law firm where she learned material nonpublic information concerning the acquisition of Stillwater Mining Company, a publicly traded company whose shares are listed on the New York Stock Exchange.
The new Cyber Unit was launched by the SEC in September to focus on problems like ICO fraud, «misconduct» on the dark web, hacks aimed at stealing nonpublic information, intrusions into retail brokerage accounts, market manipulation schemes involving «false information spread through electronic and social media,» and cyber threats to market infrastructure like trading platform.
In setting past environmental regulations the EPA has «routinely relied on questionable science, based on nonpublic information, that could not be reproduced... and deliberately used its regulatory power to undercut American industries and advance a misguided political agenda that has minimal environmental benefit,» Smith said.
Remember: Sometimes it is legal to trade on material nonpublic information, although, paradoxically, this is not legal advice.
Two new studies suggest insider trading remains a pernicious problem, with large financial institutions abusing nonpublic information.
The restriction on using nonpublic information is not intended to affect a judge's ability to act on information as necessary to protect the health or safety of the judge or a member of a judge's family, court personnel, or other judicial officers if consistent with other provisions of this Code.
For most of the stock market's history, buybacks were actually illegal — considered to be insider trading — the thought being that if you ran the company, you would have nonpublic information to know when to buy shares.
Insider trading remains a rampant problem on Wall Street, with new research finding that the nation's largest financial institutions pocket hefty sums with the help of nonpublic information.
Under regulations that debuted in 2000, Porat is not allowed to selectively disclose «material nonpublic information» to analysts and other market professionals.
It bars staff from discussing «all nonpublic information I learn of or gain access to in the course of my official duties in the service of the United States Government on White House staff,» including «communications. . .
Companies talk to investors, and if they tell those investors things in their «official» capacity — even things that they don't tell anyone else, even material nonpublic information that they really shouldn't be telling investors without public disclosure 3 — then it's not a crime for the investors to trade on it.
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.»
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.
By the way, since this happened, some people have argued that U.S. law shouldn't work this way, and that any trading on material nonpublic information, regardless of how it was obtained, should be illegal.
To prove insider trading, federal prosecutors would have to show the executives knew about the nonpublic information when they decided to sell their stock, often a tough task, experts said.
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.
Yes, Bharara put plenty of people in jail for trading on what's known as «material nonpublic information,» and some made perfectly reasonable targets.
«Since you would be speaking in your personal capacity, you can not speak on behalf of EPA nor can you share any nonpublic information.
Be interested in the industry as a whole, and don't try to gain material nonpublic information.
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.