The SEC is expanding the scope of insider trading to include expert networks. They’ve been looking at firms that evaluate supply chains, talk to company employees, and survey customers; in other words, firms that actually do their homework. Apparently, diligence has become an unfair advantage.
Aite Group might be considered an expert network. Our product is intellectual capital born of excessive diligence. Do we strive to provide our customers with a competitive advantage? Absolutely. Is that unfair to companies that do not have access to our research? Probably. One of the first phrases most pre-teens learn is, and say it with me, “Life is not fair.”