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To add to what you're saying, forex explicitly does not have insider trading rules. The problem is it's treated as a general asset. It feels like there should

To add to what you're saying, forex explicitly does not have insider trading rules. The problem is it's treated as a general asset. It feels like there should already be rules in place to handle if, for example, an Amazon exec went and bought property around an area prior to Amazon announcing their new HQ.

jchonphoenix 5y ago
Insider trading on real estate is explicitly allowed by law.
pardon_me 5y ago
The world seems to run on "favors" of insider knowledge like this.
dalbasal 5y ago
Perhaps, though insider trading rules are pretty hard to enforce inside relatively confined and regulated realms. One solution is to go a step up the meta. Ban trading for certain groups or classes, like banning parliamentarians and government officials. ..but spouses, kids, friends and cousins make for a pretty substantial loophole. That said, not regulating against insider trading bleeds very quickly into market manipulation and corruption. Not sure what the ansers are. This is a very dirty part of the game game. Crypto brings in a new set of players, and it takes years before they'll learn to do this in a way that maintains a stable plausible legitimacy. We absolutely cannot have second tier people insider trading and rigging markets. It's antistabalizing.
- andrewinardeer 5y ago
  Musk can move markets with a tweet. I doubt there is anything anyone can do about that. And he knows it. And I'm sure he benefits from it too.
WHA8m 5y ago
The question is, when is a coincident of making profit too big to actually be true. And I feel like this could be something that AI can be used for in the future. No human can overlook all the possibilities one could profit off insider information.
alephnan 5y ago
There were some Amazon couple speculating on real estate in Long Island City, Queens, NYC where Amazon was potentially opening an HQ. Amazon didn’t, and the coupled sued the condo. Trying to find the article.
- mikepurvis 5y ago
  I don't see the lawsuit piece here, but definitely there was a bunch of speculation going on around that time: https://www.cnbc.com/2019/02/15/luxury-real-estate-agent-ryan-serhant-buyers-freaking-out-about-amazon-nyc-exit.html https://www.cnbc.com/2019/02/15/luxury-real-estate-agent-rya... I feel like this is less someone getting an unfair benefit and more just eager people experiencing at least part of what the regulatory framework is meant to protect them from— which is being taken to the cleaners on the basis of rumours that don't end up panning out.

jchonphoenix 5y ago

Insider trading on real estate is explicitly allowed by law.

pardon_me 5y ago

The world seems to run on "favors" of insider knowledge like this.

dalbasal 5y ago

Perhaps, though insider trading rules are pretty hard to enforce inside relatively confined and regulated realms. One solution is to go a step up the meta. Ban trading for certain groups or classes, like banning parliamentarians and government officials. ..but spouses, kids, friends and cousins make for a pretty substantial loophole. That said, not regulating against insider trading bleeds very quickly into market manipulation and corruption. Not sure what the ansers are. This is a very dirty part of the game game. Crypto brings in a new set of players, and it takes years before they'll learn to do this in a way that maintains a stable plausible legitimacy. We absolutely cannot have second tier people insider trading and rigging markets. It's antistabalizing.

andrewinardeer 5y ago
Musk can move markets with a tweet. I doubt there is anything anyone can do about that. And he knows it. And I'm sure he benefits from it too.

WHA8m 5y ago

The question is, when is a coincident of making profit too big to actually be true. And I feel like this could be something that AI can be used for in the future. No human can overlook all the possibilities one could profit off insider information.

alephnan 5y ago

There were some Amazon couple speculating on real estate in Long Island City, Queens, NYC where Amazon was potentially opening an HQ. Amazon didn’t, and the coupled sued the condo. Trying to find the article.

mikepurvis 5y ago
I don't see the lawsuit piece here, but definitely there was a bunch of speculation going on around that time: https://www.cnbc.com/2019/02/15/luxury-real-estate-agent-ryan-serhant-buyers-freaking-out-about-amazon-nyc-exit.html https://www.cnbc.com/2019/02/15/luxury-real-estate-agent-rya... I feel like this is less someone getting an unfair benefit and more just eager people experiencing at least part of what the regulatory framework is meant to protect them from— which is being taken to the cleaners on the basis of rumours that don't end up panning out.