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The headline says "bipartisan deal for BAN on stock trading" doesn't it? Inside trading is already notionally illegal, isn't it? Why would this law be trying
by dgfitz 2y ago
The headline says "bipartisan deal for BAN on stock trading" doesn't it?
Inside trading is already notionally illegal, isn't it?
Why would this law be trying to re-make insider trading illegal?
- viraptor 2y agoBecause we have a good idea of many people abusing the position, just haven't caught anyone red handed. It's a bit like "why have traffic rules that differ for specific places and people if we already made killing others illegal?".
- dgfitz 2y agoWhat I meant was, insider trading is already illegal. This is allegedly going to make trading itself illegal. What was your point about insider trading?