Not to buy or sell a stock.
Buy or sell it with knowledge of insider information.
Didn’t Martha Stewart go to jail for that? Or lying about it?
“Buy or sell it with knowledge of insider information.”
Granted that the CEO ALWAYS has inside information, how then is he to sell his stock?
What about the engineer that designs the new widget? Is he forbidden to trade the company stock?
“Didn’t Martha Stewart go to jail for that? Or lying about it?”
She sold ALL of her stock in a company using inside information the day before the stock fell 16%.
Not a all the same.