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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Robohogs who wrote (23532)4/24/2007 10:49:28 AM
From: Biomaven  Read Replies (1) | Respond to of 52153
 
Would be illegal I think to trade MNTA on that news.

I'm not actually sure about that, although I would certainly advise against it. The issue is that it doesn't fit well into either the "fiduciary duty" or "misappropriation" pigeon holes:

Here's one old (1995) article I dug up several years ago when I looked at this issue - they concluded that such trading, which they term "cross-trading," is "virtually unregulated":

links.jstor.org

Peter