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At best that would only require you to disclose to everyone once asked by someone performing some research, or through the outlined regulation FD mechanisms. It still holds that using your own definition, all it takes is some research to gain what the employee who is willing to give up information knows, and that giving up the information can be done in a way that avoids violating regulation FD.


If you want to play chicken with the SEC like they're a D&D DM you're rules lawyering, be my guest.

Because while they may not prosecute often, I'd still rather stay off their radar.




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