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As an aside, it's worth noting that insider trading isn't illegal per se (in the U.S.). When inside traders are prosecuted it's often on the logic that they've unlawfully stolen information from the company that they work at, rather than that the trading itself is unfair. If you're walking down the street and find a document that someone has dropped then I believe you can just trade on that information - you have no duty to the company who owns the information. (This is not legal advice.)
Insider training isn't just about an obligation to the company in question. Investopedia: