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Insider trading would be bad and illegal. But absent evidence that it's happening, I think his point is that merely having a stake by holding securities isn't inherently problematic.



The biggest risk if they were doing it is if anyone whistle blows on them that person can get a fat reward: https://www.sec.gov/whistleblower


Well then McKinsey should just say which firms they have positions in, and everyone can be satisfied that there's no problem?


McKinsey should do nothing because responding to a non-story is terrible PR.




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