Insider trading only became illegal in 1960s when it was felt some individuals had an unfair advantage over others with the buying and selling of stocks. In 2009 an article was published supporting a fairly radical idea for insider trading to be decriminalised again. It is a very controversial idea.
Since the 1960s insider trading regulations have continued to be expanded. The video includes a discussion that fraud and insider trading are often linked. The article’s author believes that allowing markets to drive stock prices to realistic values is fairer. The counter argument is that it still gives an unfair advantage to some.
For the author insider trading is not fraud but rather is more likely to expose corporate fraud. The video also highlights the relative lack of resources being used to examine and prevent insider trading.
Other Insider Trading blogposts
Insider trading suspected in major USA mergers
Insider trading stock tips at family reunion
What is insider trading?
Legal and illegal insider trading
