Because he confuses can ' t be charged with and can ' t have . It is by definition a conflict of interest . His interests are conflicting . Obviously and blatantly . To anyone in the financial industry this seems insane . If I wanted to buy one share of apple it would need to get approved by my manager , then compliance , then I would have to hold it for 30 days before selling requiring the same approvals . And no short selling . Buying and selling stock is not my job and I have no interest in their value . If they trade at all I have a job . Yet this guy has full control of the market and has all access to extreme insider information . Good luck . <| sep |> Can confirm , learnt how to solder at around that age . Burnt my fingers many times .