2 ms·
What is your argument that insider trading is good?
by darawk 10y ago
What is your argument that insider trading is good?
- kasey_junk 10y agoI don't know how I feel about it, but several relatively common arguments in favor of it are: 1) speeds up price discovery 2) makes complying with regulation cheaper 3) it is nearly impossible to enforce currently Some op-ed pieces arguing for it. http://www.marketwatch.com/story/why-insider-trading-should-be-legal-2011-05-17 http://www.marketwatch.com/story/why-insider-trading-should-... http://www.forbes.com/sites/jeffreydorfman/2015/03/22/a-modern-insider-trading-law-would-recognize-the-victims-of-current-law/#6ab092376d0c http://www.forbes.com/sites/jeffreydorfman/2015/03/22/a-mode... https://www.washingtonpost.com/news/wonk/wp/2013/07/26/insider-trading-makes-us-richer-better-informed-and-could-prevent-corporate-scandals-legalize-it/ https://www.washingtonpost.com/news/wonk/wp/2013/07/26/insid...
- eru 10y agoYes, that's along the lines I would be arguing. I am on the fence myself, not having thought about the matter too much. Instinctively, I'd say insider trading should be handled as a breach of contract (ie if I trade on something that I signed an NDA for), not as a criminal matter.