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Appeals court upholds Soros conviction


southsider2k5

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QUOTE(winodj @ Mar 24, 2005 -> 01:05 PM)
So I don't get it. Acting on something overheard is insider trading?

 

Are we supposed to just blindly invest then?

 

They didn't really make the distinction very clearly, but if it is privledged non public info, you aren't allowed to act on it, or have others surrogately act on it.

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