It doesn't matter if it is a rumor or not. The fact is it was non-public and mat... | Hacker News

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		acegopher on March 27, 2024 \| parent \| context \| favorite \| on: Andy Bechtolsheim charged with insider trading It doesn't matter if it is a rumor or not. The fact is it was non-public and material information. And that's the definition of insider trading.

maxlybbert on March 28, 2024 [–]

In the US, insider trading also requires a breach of fiduciary duty ( https://corpgov.law.harvard.edu/2017/01/18/insider-trading-l... ).

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