eli5 if most company’s ceo are payed in stocks, what’s preventing them from literally doing insider trading
In: 7
Well if they’re caught, bad things can happen. And they’re more likely to be caught because all of their trades are made public by law.
And they don’t really need to. A CEO getting a crapton of public stock can cash in on a fraction of it based on public knowledge, or even when the stock is down, and still have enough for another six yachts.
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