Jon Macey -- Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law at Yale Law School -- discusses insider trading and the competing views of the SEC and the U.S. Supreme Court.
That was really good. It's fascinating to think the SEC believes it's impossible to make money in the market. Share valuation is a crazy business and people get it wrong all the time.
What most people don't know is that insider trading isn't successful 100% of the time. Prior to the law, insider trading was rampant but the chance of success is about the same as hedge funds beating the S%P500.
Re: Form 4, Table I, Box 6 & 7. In a (S) of Common Stock and Disposed (D), is the Indirect (I) "Beneficial Ownership" source (i.e Trust, etc), consist of a planned or pre-determined Transaction Date?
