Insider trading opportunity? - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**RobsShow** · 10-02-2007, 01:24 AM

I'll trade you a set of Ottawa Lynx baseball cards.

How many Gore Credits can I get?

**Gometesstem** · 10-02-2007, 01:42 AM

I'm not familiar with US law, but I think that trading on prediction markets is not regulated by the US SEC, so it would not be illegal for this guy to use his insider knowledge for personal gain.

**Greapyjeory** · 10-02-2007, 01:47 AM

Originally posted by Wezil
Yeah well, an anonymous poster well known for nutty 911 theories (no offence Mr. Slaughter, I'm sure you are perfectly sane in RL) comes along and invites us/me to invest in some scheme run out of Ireland based upon the anonymous postings of another anonymous poster from a site with dubious credibility. Let me think about this a minute....

I did check the internet and found that there is a real Zodda law firm.

**HotboTgameR** · 10-02-2007, 02:23 AM

I used to wonder how the Nigerian 419 scams made any money...

**gundos** · 10-02-2007, 03:19 AM

RealClearPolitics.com uses their figures too. Look at the "Intrade Real Time Quotes" section above the graph.

http://www.realclearpolitics.com/epo...ation-191.html

**RedImmik** · 10-02-2007, 06:35 PM

I don't think US insider trading laws apply to exchanges in Ireland where Intrade operates.

**Geetiill** · 10-02-2007, 08:18 PM

Originally posted by Slaughtermeyer
I don't think US insider trading laws apply to exchanges in Ireland where Intrade operates. And Ireland doesn't have insider trading laws?

-Arrian

10-02-2007, 01:24 AM	#1
RobsShow Join Date Oct 2005 Posts 466 Senior Member	Insider trading opportunity? I'll trade you a set of Ottawa Lynx baseball cards. How many Gore Credits can I get? Share Share this post on Digg Del.icio.us Technorati Twitter
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10-02-2007, 01:42 AM	#2
Gometesstem Join Date Nov 2005 Posts 505 Senior Member	I'm not familiar with US law, but I think that trading on prediction markets is not regulated by the US SEC, so it would not be illegal for this guy to use his insider knowledge for personal gain. Share Share this post on Digg Del.icio.us Technorati Twitter
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10-02-2007, 01:47 AM	#3
Greapyjeory Join Date Nov 2005 Posts 405 Senior Member	Originally posted by Wezil Yeah well, an anonymous poster well known for nutty 911 theories (no offence Mr. Slaughter, I'm sure you are perfectly sane in RL) comes along and invites us/me to invest in some scheme run out of Ireland based upon the anonymous postings of another anonymous poster from a site with dubious credibility. Let me think about this a minute.... I did check the internet and found that there is a real Zodda law firm. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-02-2007, 02:23 AM	#4
HotboTgameR Join Date Oct 2005 Posts 378 Senior Member	I used to wonder how the Nigerian 419 scams made any money... Share Share this post on Digg Del.icio.us Technorati Twitter
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10-02-2007, 03:19 AM	#5
gundos Join Date Oct 2005 Posts 422 Senior Member	RealClearPolitics.com uses their figures too. Look at the "Intrade Real Time Quotes" section above the graph. http://www.realclearpolitics.com/epo...ation-191.html Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-02-2007, 06:35 PM	#6
RedImmik Join Date Oct 2005 Posts 401 Senior Member	I don't think US insider trading laws apply to exchanges in Ireland where Intrade operates. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

10-02-2007, 08:18 PM	#7
Geetiill Join Date Oct 2005 Posts 384 Senior Member	Originally posted by Slaughtermeyer I don't think US insider trading laws apply to exchanges in Ireland where Intrade operates. And Ireland doesn't have insider trading laws? -Arrian Share Share this post on Digg Del.icio.us Technorati Twitter
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