So you are certain that you are right and because I disagree I am guilty of "misleading" people.
If there is someone with a bona fide legal background here please weigh in.
The issue is corporate attorney 'advises" XXII insiders to not buy or sell stock as he believes that they are in what would/may be considered possession of material non public information. An insider ignores/rejects this advice and sells stock (not per a pre-structured plan). My worthy opponent (who claims intellectual superiority in this area) claims this is by definition insider trading as the corporate attorney's advice/admonition was ignored. I say BS (as another corporate attorney could easily have a different opinion...surprise) as the SEC can either agree or disagree with (either) attorney's advice.
If my worthy opponent is correct then Joe is guilty and we await sentencing news. Handcuffs please.
As for me caning would be appropriate.... for misleading the flock.
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