Do McDonald's Operators possess the necessary clout to be corporate "insiders"? Keep
in mind this entire subject centers around one activity - trading shares of the company.
Here's how website Investopedia defines insiders.
"Insider is a term describing a director or senior officer of a company, as well as any
person or entity that beneficially owns more than 10% of a company's voting shares.
For purposes of insider trading, the definition is expanded to include anyone who
trades a company's shares based on material nonpublic knowledge. Insiders have to
comply with strict disclosure requirements with regard to the sale or purchase of the
shares of their company."
in mind this entire subject centers around one activity - trading shares of the company.
Here's how website Investopedia defines insiders.
"Insider is a term describing a director or senior officer of a company, as well as any
person or entity that beneficially owns more than 10% of a company's voting shares.
For purposes of insider trading, the definition is expanded to include anyone who
trades a company's shares based on material nonpublic knowledge. Insiders have to
comply with strict disclosure requirements with regard to the sale or purchase of the
shares of their company."
Others still have their first amendment rights.
Here's what the Securities and Exchange Commission says
Here's the Investopedia link
Again, this about trading shares of companies. It's not about someone you trust asking,
"How's business?"
.
2 comments:
Oak Brook is in full bullying mode.
That memo was unbelievable. As if they can use such stupid scare tactics.
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