Thanks for that Tex.
Unfortunately those changes were made 10 years ago and they don't fix what I see as the problem.....that being that the signing and termination of an NDA does not have to be made public.
The two main "changes" deal primarily with:
1. the requirement of a company that has divulged non-public info to certain described parties to then divulge that information to the public and
2. confidentiality and trading on confidential information. Specifically, "the purchase or sale of a security of any issuer, on the basis of material nonpublic information about that security or issuer, in breach of a duty of trust or confidence that is owed directly, indirectly, or derivatively, to the issuer of that security or the shareholders of that issuer, or to any other person who is the source of the material nonpublic information."
I agree that it SOUNDS like they should address my problem, but they don't. We already knew, or should have known, that Pike couldn't trade common shares on the open market while in the possession of non-public information obtained under an NDA. We did know that, didn't we?
