I hope Martha Stewart takes the SEC off of her “organizations I’ll share my recipes with” list.
That she actually did time for acting on some insider information continues to amaze me. She must have been selected as the official “Sacrificial Lamb for the Quarter Century”, so somebody can point to one actual enforcement case in this area.
Some of the employees’ sales could have been motivated by a need to comply with the ethics rules on prohibited stocks, Rajgopal said. “But if that is the case, you still have to wonder about the timing,” he said.
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50% in the general populations vs 60% for SEC employees doesn’t seem like a whole lot to me.
Besides, if someone is going to assign a certain company for you to investigate, you will probably need to sell your shares before you start to avoid a conflict of interest. And since those investigations are probably not random, just the fact that one might be forced to sell might give one some advantage.
Not really enough information in that article to say what might be going on, but so far I smell a rat. This sounds like the phony scandals about IRS, and and the real purpose is to defang what little there is left of any regulatory authority over the casino.
I hope Martha Stewart takes the SEC off of her “organizations I’ll share my recipes with” list.
That she actually did time for acting on some insider information continues to amaze me. She must have been selected as the official “Sacrificial Lamb for the Quarter Century”, so somebody can point to one actual enforcement case in this area.
Some of the employees’ sales could have been motivated by a need to comply with the ethics rules on prohibited stocks, Rajgopal said. “But if that is the case, you still have to wonder about the timing,” he said.
~~~~~~~~~~~~~~~~~~~~~
50% in the general populations vs 60% for SEC employees doesn’t seem like a whole lot to me.
Besides, if someone is going to assign a certain company for you to investigate, you will probably need to sell your shares before you start to avoid a conflict of interest. And since those investigations are probably not random, just the fact that one might be forced to sell might give one some advantage.
Not really enough information in that article to say what might be going on, but so far I smell a rat. This sounds like the phony scandals about IRS, and and the real purpose is to defang what little there is left of any regulatory authority over the casino.