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by nate_meurer
4482 days ago
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This is dangerously false. I sincerely hope nobody takes this comment seriously. In the US, insider trading is typically charged as a civil offense, where the SEC doesn't need to prove anything. In civil cases the SEC is often only held to "preponderance of evidence" standard -- even lower than the "clear and convincing evidence" standard used in most civil fraud cases. Only if the charges are criminal does the SEC have to prove their case. |
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