http://en.wikipedia.org/wiki/Insider_trading here you go babys--- some BASIC info for ya to start to learn about the real world... first step is the hardest-- repeat after me--- no SEC in commodities!!
If this guy works for the DOE/EIA and is disseminating the actual DOE crude #'s to this guy before they are released, then yes, it IS illegal. So BP, do u work for the DOE/EIA? I need the natgas storage info, I will provide the cell for you and give you 51%.
I actually didn't read his whole post, no need to all you had to do was read the opening sentence "A friend of mine who works at a hedge fund reached an agreement with me: If I provide inside information to him and he makes any profit, he will share 50% of the profit with me."
I did not link SEC to my case. Do not imagine things. My question is: Do I have a case in court? Repeat: COURT, not SEC.
Think about what you are asking! If someone steals my bag of weed, can I report the theft and expect a positive outcome from law enforcement? I assume this is a joke or you are just one dumb fucker.