5 ms·
How about we stop pretending that information asymmetry isn't a core aspect of the stock market? Insider trading laws seem tailor made to make sure wall street
by latch 9y ago
How about we stop pretending that information asymmetry isn't a core aspect of the stock market?
Insider trading laws seem tailor made to make sure wall street, and only wall street, is playing with a stacked deck.
This has been looked at before, but the summary from this paper (by the Atlanta Fed) is a good (and as far as I know, unbiased) place to start: https://www.frbatlanta.org/-/media/documents/filelegacydocs/NoeHu.pdf https://www.frbatlanta.org/-/media/documents/filelegacydocs/...