> To them, insider trading isn't unethical, quite the opposite. This does not follow. Even under the most "extreme libertarian" position insider trading, narro

> To them, insider trading isn't unethical, quite the opposite. This does not follow. Even under the most "extreme libertarian" position insider trading, narrowly construed, would still be an unethical violation of the agent/principal relationship which exists between the employee and the company's owners (the shareholders). Abusing confidential information you have access to as a result of your position for personal gain at the expense of the shareholders would be violation of trust—and most likely a direct breach of your employment contract.