Voip Pal Com Inc (VPLM): To know that I think would be insider kn...

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Re: nyt post# 45081

Wednesday, 12/13/2017 5:37:56 PM

Wednesday, December 13, 2017 5:37:56 PM

To know that I think would be insider knowledge
To act on it I think would be insider trading

I would think this is true only when it was the same person.

- Person A with insider knowledge can tell person B something they shouldn't. (with appropriate legal implications)
- Person B could trade with that knowledge, unknowing that the knowledge was insider information. I don't think Person B would be liable for insider trading if they didn't know.

I'm also not a lawyer.

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