Could Craig's wife still get charged with insider trading if she didn't know?
and 1934 require disclosure. So buyers don't get conned into buying worthless stocks.
Craig
OK, so I messed up.
Craig
But my ex-wife didn't do anything wrong, right?
Even if your ex-wife didn't know and had no reason to know that you disclosed confidential information in exchange for a personal benefit, and she used the information she received to trade in a security, she could be guilty of insider trading.
If your ex-wife knew or should have known that you disclosed confidential information in exchange for a personal benefit, and she used the information she received to trade in a security, she could be guilty of insider trading.
Even if your ex-wife knew or should have known that you disclosed confidential information in exchange for a personal benefit and she used the information she received to trade in a security, she could never be found guilty of insider trading.