Thread: And where is the people from Nokia who worked on Maemo and Meego?
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nilchak is offline nilchak
2011-02-12 , 23:59
Posts: 1,097 | Thanked: 650 times | Joined on Nov 2007
#118
Originally Posted by SD69 View Post
Yes, it is standard practice. But it's not imposed on companies by the SEC or any law.
Of course there is no law, but its called mitigating risks. Explaining to the SEC in case of insider trading or other serious risks or being held accountable for the risks (and going to jail) make it not worthwhile not following the practice. I am not supporting the practice in any way, but there is a reason why it happens - just that.