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Re: M_Ms post# 48833

Thursday, 09/26/2019 2:38:13 PM

Thursday, September 26, 2019 2:38:13 PM

Post# of 52224
LET'S ME MAKE IT CLEAR! He can't no longer BUY/SELL the stock within a six month period;

SEC rule and regulation. Insiders are prevented from buying and selling their company stock within a six-month period:

Anybody who has material and nonpublic information can commit such an act.
CEOs can legally trade stock in their company as long as they don't use insider knowledge to guide them. Insiders legally buy and sell stock in their own company their trading is restricted and illegal only at certain times and under certain conditions.

The maximum prison sentence for an insider trading violation is now 20 years.