Absolutely not. > It doesn't matter how you got that information. Yes it does, i... | Hacker News

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zorga on Jan 17, 2019 | parent | context | favorite | on: DOJ: Hackers broke into an SEC database and made m...

Absolutely not.

> It doesn't matter how you got that information.

Yes it does, if I didn't do anything illegal to acquire it, and I have no obligation to the company, I can use it legally, I'm not an insider.

wahern on Jan 17, 2019 [–]

Not quite. If you knowingly acquired the information from an insider and the insider himself would be liable for your trade (e.g. you're a friend or family member), then you could have derivative liability.

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