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> If insider trading is legal, you could actively destroy a company from the inside and profit from its downfall. What you are describing is an entirely differ
by economist6373 5y ago
> If insider trading is legal, you could actively destroy a company from the inside and profit from its downfall.
What you are describing is an entirely different kind of misconduct than “insider trading”.
- rcMgD2BwE72F 5y agoYes but it is one that insider trading incentivizes greatly.
- economist6373 5y agoThis doesn’t make any sense. Such activities would be criminal regardless of insider trading. What difference could it possibly make if insider trading was legal? Should we maybe add more laws to forbid such activity in different creative ways, so instead of being doubly illegal it would be triply illegal? Crazy.
- rcMgD2BwE72F 5y ago>Such activities would be criminal regardless of insider trading. What difference could it possibly make if insider trading was legal? Killing your neighbors with a gun is illegal in both France and US? Here in France, one cannot purchase a gun. Guess what happens when you make gun sale as easy as possible? Oh but people can own gun, they just should not use them illegally! Right?