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To: kattracks
Assuming she sold because she knew insider information, is that a crime since she is not a company officer? I know that if a company officer acted on insider information, he committed a crime. But what about someone who is not an insider? What is the law with regard to a non-employee acting on insider information?
3 posted on 08/10/2002 3:02:29 AM PDT by JoeGar
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To: JoeGar
If you are privy to any information that is not available to the general public and you effect a trade that benefits you, you have violated the law.

Martha is in some big trouble here. 1. She traded on inside information 2. She lied about it. 3. She is stonewalling Congress.

Regards,

4 posted on 08/10/2002 3:49:55 AM PDT by Jimmy Valentine
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