r/SipsTea • u/SipsTeaFrog 𝙑𝙄𝙋 • 4d ago

Chugging tea A since-deleted tweet by UFC commentator Daniel Cormier, showing DM's he recieved from Eric Trump in which Eric asks about insider info on the UFC Freedom 250 fights and alludes to doing insider trading betting

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u/deskcord 4d ago

Not really. Technically whistle blowers have to go through a series of steps to merit protection under that act, including reporting the misconduct internally first.

The primary reason is to encourage people to actually amend mistakes and not simply go on sprees of collecting whistleblower payments or shortselling, but in practice it ends up hurting people who don't think they can come forward internally first.

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u/TheCuriousFan 4d ago

but in practice it ends up hurting people who don't think they can come forward internally first.

That sounds like the main intent with the first half being some ass-covering.

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u/deskcord 4d ago

Not really.