Originally Posted by
MickG0105
Section 1043A of the Corporations Act 2001 is not restricted to Directors, it applies to any person who has access to information that a reasonable person would expect to have a material effect on the price or value of financial products, where that information is not generally available.
Poor old Rene Rivkin, for those of you old enough to remember, was sentenced to jail for insider trading all of $10,000 in QF shares! Before he was due to report, he took his own life!
irrespective of who you are, or who you think you are, nobody should be above the law.