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Post# of 703436
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Re: Fireman02360 post# 547472

Sunday, 12/11/2022 9:12:53 PM

Sunday, December 11, 2022 9:12:53 PM

Post# of 703436
Fireman - spoofing damages - for Non-Insider trading that violates Section 10b5 of the 1934 Act only lost profit damages (difference between sale price and hypothetical non-manipulated correct price) and consequential damages (brokerage fees and similar) are recoverable. For illegal insider trading including tipped trading on insider (non-public) information, treble damages are recoverable by statute tho i do not believe those are properly referred to as punitive since they are statutory.
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