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To: JoSixChip

Insider trading? How does that work. He owns the company.


21 posted on 02/26/2022 6:48:44 AM PST by Sacajaweau ( )
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To: Sacajaweau
If the stock is on the public stock exchange it must follow SEC rules. Both accounting methods and securities regulations. There are very strict rules about exercising stock options for company executives and board members and their families.

It's what helps keep our NYSE the gold standard in world markets. Other than politicians not following insider trading laws, the system is pretty solid for everyone else.

Now if a company doesn't want to use public capital, they can always do so as a private equity venture. Then they can do whatever they want.

35 posted on 02/26/2022 7:40:41 AM PST by blackdog (# We Are Corn-Pop, turn off the news.)
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