Tag Archives: #SEC

Legal Insider Trading Biotech

Let’s say a biotech CEO learns that, in two days, her company is going to announce clinical results that will surely boost its stock price. She can’t legally buy up a bunch of the company’s shares right then — that would be the bad kind of insider trading — but she can cancel a scheduled 10b5-1 sale to avoid dumping stock just before its price soars.

https://www.statnews.com/2016/08/08/insider-trading-biotech/

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Stratton Oakmont Sales Pitch

You can almost see my apartment in this picture!
You can almost see my apartment in this picture!

Most of you’ve seen Wolf of Wall Street I’m sure. I actually know a guy (or two) who used to work in a Boiler Room. They have great stories. It’s amazing what a skilled salesman can actually accomplish.

http://www.securitiesarbitration.com/news/1998/09/07/could-you-fall-this-hard-for-a-stockbrokers-scam/

And for the record, Boiler Room was a much better movie IMHO!