Comment by blibble
> I am not an expert
I have had regulatory training on this exact matter, and it covers unintended leaks explicitly
and there is no way I would trade
> The point is that insider trading is not allowed. It is no insider trading if the information is available to everyone.
no, it isn't the point
the regulator cares that participants are seen to be clean, practicing "fit and proper" behaviour
if a reasonable person would think it was dodgy, they'll have your head (and your certification to practice)
regardless of whether or not it was illegal
Yes, I have had the corporate training on leaks and insider trading, too...
Trading on public information is fit and proper (Edit: Indeed, a technical term, but that does not make my statement incorrect, or does it?)
I think you may have skipped the part of leak to whom. If it is a leak to you then it is still not public and indeed insider trading. But if leaked to the public then it is different (and also how do you prevent people from trading on what they see in the media?)
But that's in general as in this case, the OBR admits they released it and, again, anyway once it's on BBC News it's free for all.