Accidentally Received Insider Information? What Investors Must Do Before Trading Stocks
Accidentally Received Insider Information? What Investors Must Do Before Trading Stocks Quick Answer Stop before trading: Do not buy or sell affected securities while possessing unpublished price sensitive information (UPSI). Keep it confidential: Do not forward the information to friends, relatives, investment groups, or other traders. Preserve the evidence: Retain original messages, emails, and records showing how and when the information arrived. Seek appropriate guidance: Contact your company's compliance officer if applicable, or consult a qualified securities lawyer. Verify public disclosure: Do not assume trading is permitted until the information is generally available and any additional restrictions have been addressed. Imagine checking your phone one morning and discovering a message containing confidential information about a publicly traded company. Perhaps it discusses an upcoming merger, disappointing quarterly earnings, or a major business deal t...