Mr Cooper Group Inc (COOP)

[climberprof]

Ramirez,

If Dimon has just sold $120M worth of JPM shares, then what is the rule on insider trading issue?

Now, if Dimon knows that settlement will come very soon and that will make JPM stock to go down and if he sells his shares now, does not that count as insider trading?

I do not remember the rules on insider trading issues but this event, Dimon's selling of huge amount of JPM stock, might give us a clue about the earliest date when a settlement can come.

Do you know the time issue or regulations on insider trading?

Thanks
Climber