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In this case (assuming intent) they would get charged by SEC, wouldn't they?
by forkerenok 8y ago
In this case (assuming intent) they would get charged by SEC, wouldn't they?
- askmike 8y agoYou can't design a system with (supposedly) misaligned incentives and hope the SEC will research everything and keep it fair. That would just shift the solution from: "Write articles that move markets" to: "Write articles that move markets in a way the SEC won't find out" Also how good do you think it would be for Bloomberg (from a PR perspective) if their reporters are getting charged left and right for market manipulation?