You somehow think that if you receive a tip from a friend that it's less a crime than if your friends are other board members?
Personally I would rather receive a share tip from a mate who is on a board than a mate who turns a spanner.
If you hang with mates on a board then you get share tips from board level, if you hang with mates who turn spanners then you get advice from them that is at consumer level.
Why is it a crime to receive share tips from someone who knows what they are talking about, whilst receiving advice from someone who doesn't isquite legal?????????????
The real winners on the stock market receive great tips every day. The rest of us have to use the best of what we can get. The inside trading laws are meant to make it a level playing field, but like speeding, everyone does it if they can, and so would you as you were reading this. Like speeding the fine should be a slap on the wrist. If nobody is hurt then no foul no harm I say. Still not as bad as being shot in the head eight times for making the mistake of being innocent !!!