Maybe, but what’s more likely in such a scenario would be that the edge gained by insider trading would entirely evaporate. But more to the point, it’s corporat

Maybe, but what’s more likely in such a scenario would be that the edge gained by insider trading would entirely evaporate. But more to the point, it’s corporations not people who have a rational interest in keeping insider trading illegal. After all, individuals who are insider trading on a company are effectively stealing from said company. Since the corps don’t want their employees taking their money, they have strong incentives to support very tough insider trading laws. In my opinion it should be a civil matter, but the corps and the government have very effectively sold the “stealing from the working man’s retirement fund” in order to justify some very aggressive tactics, previously only reserved from the Mafia and the like.