Following allegations that a trader named Biff acted on non public knowledge that a mouse would be dropped, the Marketplace’s compliance department has launched an investigation. Biff denies everything. He was seen staring at a mouse on the edge of a desk before it fell, but argued that this was luck.
The Chairman has declared the matter closed, for now. He noted that insider knowledge is simply ‘being in the room’ and that if you are in the room, you are an insider. This position has not been tested in court, but has been tested in the kitchen, where it lost.
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