4 ms·
I personally don’t think insider trading is a crime, as many other people don’t https://reason.com/2012/11/28/legalize-insider-trading/ https://reason.com/2012/
by seibelj 7y ago
I personally don’t think insider trading is a crime, as many other people don’t https://reason.com/2012/11/28/legalize-insider-trading/ https://reason.com/2012/11/28/legalize-insider-trading/
The more resources we spend fighting “insider trading” the more valuable people who have found loopholes or ways not to get caught. It’s a never ending losing game. I’d rather make all trades public than ban “insider” trading.
- smabie 7y agoI think insider trading should be a private affair: if you work at a company and steal from the company by inside trading on some announcement, well then they should probably fire you (and maybe file a civil suit). But there's certainly arguments to be made that insider trading is very good for the markets as it allows new information to get incorporated into the price very quickly.