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bko a day ago

Not sure what "average corporate person" means, but if you're just a random dude and you trade on your golf buddies tips, no one is going to throw you in jail. Very few people get charged a year, like dozens. I'm sure >99.9% of get away with it. I think it's often political or targeted.

The weirdness here comes from the president owning a social media company. I think they're playing up how markets move on their posts for obvious reasons. But social media companies likely sell priority access. They're called enterprise licensing deals. Same with news media, like Bloomberg, Dow, Reuters.

This isn't "insider trading" its publicly available information. The idea that the "little guy" is somehow screwed over by this is just silly.

https://www.barrons.com/advisor/articles/insider-trading-fbi...