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Wealth Professional | 27 Mar 2015, 10:35 AM Agree 0
Several advisors are now in hot water for acting on a tip from a securities lawyer -- a move that runs afoul of the OSC.
  • Bob T | 27 Mar 2015, 12:13 PM Agree 0
    I, for one, am pleased to see this action by the OSC. Insider trading is completely unacceptable. Not only does it affect the reputation of the markets but it continues to lead people to believe that there is some magical way of finding out what is happening before some others.
    The typical person coming to me with a tip has no idea that what they are doing is potentially illegal. If they really have knowledge that is based on information that is not available to the general public then they should not trade the security.
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