Insider trading IS harmful, but legalise it anyway
Posted by Graeme in Business & Investment,Economics at 8:38 am on Wednesday, 26 September 2012
The usual argument in favour of legalising insider trading is that it is not actually harmful (or even beneficial) to investors. I think that insider trading is extremely harmful and in-ethical, but it should be legalised anyway. My reasons are the difficulties in enforcing the law, and the probable effects on markets of legalisation. (more…)
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