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Re: None

Sunday, 04/29/2012 2:48:23 PM

Sunday, April 29, 2012 2:48:23 PM

Post# of 160012
Just throwing this out there

[edit]Trading on information in general
Not all trading on information is illegal insider trading, however. For example: if, while dining at a restaurant, you hear the CEO of Company A at the next table telling the CFO that the company's profits will be higher than expected, and then you buy the stock, you are not guilty of insider trading unless there was some closer connection between you, the company, or the company officers. However, information about a tender offer (usually regarding a merger or acquisition) is held to a higher standard. If this type of information is obtained (directly or indirectly) and there is reason to believe it is non-public, there is a duty to disclose it or abstain from trading.[10]

Go Vols!