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by tptacek 2237 days ago
They would? Are you sure about this? Can you cite an authority on it? I don't know either way, except that I know from years of reading Matt Levine that the laws on insider trading are a lot more complicated than you'd assume.
2 comments
teruakohatu 2237 days ago
I love Matt's views on the subject. At its core, as I understand it, the issue is who owns the information, and is Twitter licensed to distribute it as they see fit.

https://www.quora.com/Securities-Law-Is-it-legal-for-a-journ...

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stanfordkid 2237 days ago
I agree that a citation is needed ;)

But in this case I think the case history points to OP being right, though you'd likely have to have a pretty egregious and clear pattern of such activity, and it would have to be deemed material information:

https://www.reuters.com/article/us-sec-capitalone-insidertra...

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tptacek 2237 days ago
The Vitaly Korchevsky indictment probably comes close to demonstrating a model of what this would look like:

https://www.justice.gov/usao-nj/file/765216/download

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