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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: rrufff who wrote (90052)1/26/2005 9:35:26 AM
From: Pluvia  Read Replies (2) of 122087
 
actually i'm quoting the gov's instructions, not paraphrasing. try looking again...

>>>Again you are paraphrasing the jury instructions and you weren't there for the trial.

Message 20975785

The government’s proposed charge on nonpublic information is deficient in two further respects. First, the government contends that in order to become public, “the information must be disseminated in a manner calculated to reach the securities market place in general through recognized channels of distribution. Those channels include, for example, public SEC filings and newspapers of national distribution.” The operative term in this instruction -- “recognized channels of distribution” -- has, to our knowledge, never been adopted by any court, and it is not precisely clear what meaning the government intends to impart to the term.
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