EFI/911

EFI·Evidence Fusion Initiative

EVD-118

Commission/SEC: no evidence anyone with advance knowledge profited in securities

financial recordofficial governmentauthenticoriginal

Provenance

Source
9/11 Commission / SEC review of pre-attack securities trading
Date
2004-07-22
Page
Commission Chapter 5
SHA-256
bf5c1f023489cc3fa6bdeb0fad5c43e589b8515f339f87d456a3c17ac5a79c55
Classification
unclassified
Copyright
public domain
Quality 3.88 / 5components retained
Prov5
Auth5
Ind2
Contemp3
Corr4
Spec4
Comp4
Chain4

Observation

The Commission published a negative finding on securities profits by people with advance knowledge of the attacks.

Interpretation

Contradicts a strong version of H012 (al-Qaeda or U.S. insiders cashed out). Does not erase unusual-volume measurements.

Source text

INTERPRETATION (Commission Ch. 5 / notes): After SEC, FBI, and foreign-regulator work, the official finding is negative on plot-participant insider trading.

This sits next to Poteshman 2006 (EVD-132), which finds statistically unusual put volume without identifying al-Qaeda traders. Both can be true: unusual activity ≠ identified terrorist profits.

Hypothesis linkage

  • H012contradictsseeded

    Commission/SEC: no profits by people with advance knowledge.

People

    Citations

    Developed by British researcher Moneypenny

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