EFTA02481608

From: Jeremy Rubin Sent: Sunday, November 1, 2015 5:07 PM To: jeffrey E. Subject: Re: New Yorker article on insider trading: Isn't insider info=mation always stolen? <=div> On Sun, Nov 1, 2015 at 11:50 AM, jeffrey E. =span dir="ltr"><[email protected] <[email protected]> > wrote: very good, we have to be careful that the i=fo is not stolen info. , ie belongs to the co. etc. 4,=A0 otherwise patents etc could be traded . On Sun, No= 1, 2015 at 11:31 AM, Jeremy Rubin wrote: http://www.newyorker.com/business/currency/mak=ng-insider-trading-legal <http://www.newyorker.com/business/currency/making-insider-trad=ng-legal> Of course you're probably much mor= up to date on such pieces than myself, but this seems like an interesting=kernel to framework a cryptosystem around. If the item being passed is inf=rmations which you always forward through at least a few other people befo=e unlocking the information, and then are able to use that information to =rade well (eg, with some probability p of having success based on quality =f information), it operates as a probabilistic payment system where you ca= exchange out of the system by trading stocks in traditional systems (so y=u "get" a payment some p percent of the time►. Thoughts? <https://twitter.com/JeremyRubin> </=iv> please note T=e information contained in this communication is EFTA_R1_01598025 EFTA02481608 confidential, may be a=torney-client privileged, may constitute inside information, and is int=nded only for the use of the addressee. It is the property of JEE communication or any pa=t thereof is strictly prohibited and may be unlawful. If you have recei=ed this communication in error, please notify us immediately by retu=n e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication an= all copies thereof, including all attachments. copyright -all rights r=served 2 EFTA_R1_01598026 EFTA02481609