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Re: gabeh post# 19672

Wednesday, 12/10/2014 4:21:16 PM

Wednesday, December 10, 2014 4:21:16 PM

Post# of 20680
The SEC adopted new Rules 10b5-1 and 10b5-2 to resolve two insider trading issues where the courts have disagreed. Rule 10b5-1 provides that a person trades on the basis of material nonpublic information if a trader is "aware" of the material nonpublic information when making the purchase or sale.

I would STRONGLY urge investors to consult an attorney who specializes in securities law who can make a determination of whether their trading activity is likely to result in that investor running afoul of the law.

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