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Insider trade on Splunk acquisition?

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417 points mkmk | 4 comments | 21 Sep 23 15:58 UTC | HN request time: 0.798s | source
1. throw03172019 ◴[21 Sep 23 17:47 UTC] No.37601266[source]▶
Do they keep the money if they get caught? If it’s the SEC, they directly can’t send someone to jail, only fine them? Is that right?
replies(2): >>37601629 #>>37601697 #
2. tqi ◴[21 Sep 23 18:13 UTC] No.37601629[source]▶
i'm also curious if the counterparty gets to keep the $22k?
3. paxys ◴[21 Sep 23 18:18 UTC] No.37601697[source]▶
The SEC cannot but the DOJ absolutely can (and does).
replies(1): >>37603047 #
4. 404mm ◴[21 Sep 23 19:40 UTC] No.37603047[source]▶
As always, the general public gets f’d, perpetrator gets punished, government takes and keeps the money.