Wait, so lets say I got a job at ernst and young as an accountant

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Anonymous
2016-01-28 17:21:34 Post No. 1065547
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Anonymous 2016-01-28 17:21:34 Post No. 1065547 [Report]

Wait, so lets say I got a job at ernst and young as an accountant or auditor. Don't I basically get free infinite insider trading knowledge? Damnit I got into the wrong industry.

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Anonymous 2016-01-28 17:26:22 Post No.1065549
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Anonymous 2016-01-28 17:26:22 Post No.1065549 [Report]

>>1065547
Insider trading is a big deal, bro. The SEC takes it very seriously.

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Anonymous 2016-01-28 17:30:32 Post No.1065551
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Anonymous 2016-01-28 17:30:32 Post No.1065551 [Report]

Yes you do, and the second you act on your information chances are fairly good you will go to prison

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Anonymous 2016-01-28 17:33:10 Post No.1065554
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Anonymous 2016-01-28 17:33:10 Post No.1065554 [Report]

>>1065551
So I can't just have a contact in saudi arabia who I give insider trading info too over some encrypted quake pick up game network and take 10% royalties?

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Anonymous 2016-01-28 17:34:50 Post No.1065556
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Anonymous 2016-01-28 17:34:50 Post No.1065556 [Report]

>>1065547
you wouldnt be able to take advantage of it

the best you could do is call in tips to some chad investment manager with the big bucks and hope he kicks you back enough to make it worth all the risk that youre taking

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Anonymous 2016-01-28 17:45:58 Post No.1065567
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Anonymous 2016-01-28 17:45:58 Post No.1065567 [Report]

>>1065554
http://www.npr.org/sections/money/2015/12/23/460689797/episode-671-an-insider-trader-tells-all