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Old 08-13-2005, 05:32 AM
imported_bingobazza imported_bingobazza is offline
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Join Date: Feb 2005
Posts: 171
Default Re: Would this get you arrested?

The first point is that this research would be available before it is disseminated to clients, who would all get it electronically simultaneously. The second point is that

'Goldman Sachs policy prohibits its analysts, professionals reporting to analysts and members of thier households from owning securities of any company in the analysts area of coverage'. None of this applies to me.

Importantly,

'This research is based on current public information that we consider reliable'.

So this cant be classed as insider trading, even though the very publication of an upgrade may cause the share to climb. Am I right?

Bingo
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