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Insider trading laws gamify the finance industry by reducing the level of accuracy with which people are permitted to trade in order to increase the liquidity i
by Trundle 9y ago
Insider trading laws gamify the finance industry by reducing the level of accuracy with which people are permitted to trade in order to increase the liquidity in the market. I believe this is done to increase stability.
It's purely an economic decision to have it be illegal, I can't see anything inherently immoral about it. Some people consider breaking the law to be immoral even when the activity would otherwise be ok however I suspect most people that get angry about insider trading do so because its an activity associated with wealthy wall street types and they're really just angry at wealthy wall street types.