Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Primary tabs

People, please stop making these two insider-trading mistakes!

Bruce Carton | July 29, 2016

There are two insider trading-related "mistakes" that I have repeatedly warned against in this blog through the years.

Mistake 1. People whose firms are directly involved in merger transactions (e.g., public company employees, investor relations executives, lawyers, accountants, etc.) foolishly believe that they can engage in insider trading without being caught. Seriously, just don't do it! As I asked here about another insider trading case against a lawyer whose firm was involved in the transaction, 

Would you rob a bank by walking in the front door with no mask on (and wearing a shirt with your name, address and phone number written on it), and then make a "getaway" walk home along a busy road (past the police station) carrying two big burlap sacks with...

Buy this article for $49, or subscribe to Compliance Week for a month at $149 and get unlimited article access for 30 days.