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To: lbryce

Pardon my naivete but wouldn’t divulging a not yet public rating change, and more importantly, trading on that knowledge be a violation of securities laws?


15 posted on 08/09/2011 9:49:05 PM PDT by JrsyJack (a healthy dose of buckshot will probably get you the last word in any argument.)
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To: JrsyJack
Pardon my naivete but wouldn’t divulging a not yet public rating change, and more importantly, trading on that knowledge be a violation of securities laws?

Yes, it would be a felony.

26 posted on 08/09/2011 10:09:13 PM PDT by cpdiii (Deckhand, Roughneck, Mud Man, Geologist, Pilot, Pharmacist. THE CONSTITUTION IS WORTH DYING FOR!)
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To: JrsyJack
...The fact that trading is all done electronically and in nano-seconds, it's possible to buy short, wait for a profit and sell a second before a fall. Of course, a bit of inside info is a plus...

...Then again, I could be dead wrong...

32 posted on 08/09/2011 10:59:33 PM PDT by gargoyle (...This looks like a good fight, deal me in...)
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