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February 15, 2013

Idiot options traders

Someone is about to learn this lesson the hard way.  Don't use your inside information to trade in options.  Why?  I know it's a sure fire way to make a lot of money, quickly.  But, you're also going to become the focus of an SEC investigation very quickly.  Better yet, when you learn inside information from a  client about a pending transaction, don't trade on it.

 

-bjmq

February 15, 2013 | Permalink

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