The law dictates that the buying or selling of a security, while in possession of material, nonpublic information about the security, is illegal.
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The six Algerians were arraigned September 28 in Madrid on charges of belonging to an armed band and for possession of material to falsify documents for terrorist activities.
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Under this scenario, the Senate will never formally take possession of the material.
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That may help to explain why highly professional, educated people that were not known before to police are being caught in possession of the material.
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Material found in Gabriele's possession is being studied and catalogued, he said.
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If the material is found to violate any criminal statutes then you can be prosecuted for its possession.
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