Some level of uniformity in not-bilking-your-shareholders expectation is probably a good thing, lest management contracts become laden with redundant boilerplat

Some level of uniformity in not-bilking-your-shareholders expectation is probably a good thing, lest management contracts become laden with redundant boilerplate. Insider trading rules certainly hurt the efficient market hypothesis. If your goal is accurate pricing above all else, insider trading laws are bad news.