… The common wisdom among some in the hedge fund community is that remote tippees and others that wrongfully disclose or trade on confidential information now do so without consequence and, to some extent, have a ‘get out of jail free’ card. However, that view is wrong or at least incomplete, and investment funds and their managers should not break out the bubbly quite yet, for multiple reasons.
via A paradise for insider trading? Not so fast—commentary — CNBC
