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The Inside Scoop: When Does a Smart Trade Become a Crime?

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Episode notes

Have you ever overheard a CEO discussing a merger at a restaurant and wondered if you could trade on it? In this episode, we dive into the high-stakes world of insider trading, exploring the thin legal line between market research and financial fraud.

We break down the complex definitions of who actually counts as an "insider"—from corporate directors and major shareholders to friends, family members, and even printers who steal information from their employers,,. We’ll discuss the "misappropriation theory," which holds that you don’t need to work for a company to be guilty of trading on its secrets; you just have to break a duty of trust to the source of the information,.

In this episode, we cover:

  • The Global Patchwork: How insider trading laws differ wildly around the wor ... 
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Keywords
insider tradingCongressJusticeCourtSupremeMillionFiduciary DutyActExactlyThat'sIt'sI'mCEOSECnon publicpublic informationDirksmaterial nonconfidential informationpersonal benefit