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> I work in finance, so I have had numerous trainings on NPMI from different points of view.

What point of view did you get training from other than the point of view of your company's compliance department? I've worked in trading for a long time and never got training from any other source.

Compliance should tell you to take a very conservative view of the law: they have basically nothing to gain from allowing you to trade in a gray area, but you might.

That doesn't mean the SEC or the District Court should take the same conservative view. They have to apply a balanced reading of the law and look at historical precedent.




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