4 ms·
The reason regulation is introduced in every trading market is because scammers are killing the market. How long do you think an honest operator can survive in
by dist-epoch 3y ago
The reason regulation is introduced in every trading market is because scammers are killing the market. How long do you think an honest operator can survive in a market where 90% of participants are scammers? You talk about skilled participants. The way to have 100% skill is to manufacture an event.
The history of financial markets is rich in examples.
Or more recently, the endless supply of scamming in sports betting where athletes collude to fix games.
- alchemist1e9 3y agoI understand that is the common perception and an understandable one based on how the information on this topic is presented to the public. However it’s likely not true, unregulated markets have boomed and provide many valuable services and information. I’ve personally heard an argument promoting even removal of insider trading laws and that markets would actually be fairer and more efficient without them.