Traders who act on confidential insider information usually try their best to keep their actions hidden from view. But other times, insider trading just leaps off the page, as if someone decides to directly flout securities law.
A recent case filed by the Securities and Exchange Commission falls into such a category. It is as if the trader in question had a sign on his back that said: “Sue me!”
via Want to Commit Insider Trading? Here’s How Not to Do It – DealBook