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Study: More Insider Trades Happen Just Prior to Comment Letter Releases

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 A study from the American Association of Accountants has found that people are most likely to engage in insider trading in the period right before an SEC comment letter on revenue recognition pertaining to their company is released, according to Compliance Week. The study looked at 6,728 SEC comment letters issued in response to corporate 10-Ks filed between 2006 and 2012 dealing with revenue recognition and the

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