Banning Lawmakers From Trading Stocks Won't Fix Congress
But it will make the market worse.
But it will make the market worse.
Tucker Carlson: "There is no greater moral crime than betraying your country in a time of crisis, and that appears to be what happened."
The contemporary state of what passes for insider trading "law" is enough to perplex even lawyers and law professors.
Even though it's illegal, the ability to spread knowledge that ought to affect stock prices is likely better for overall market efficiency.
The vagaries of insider trading laws, as explained by a feel-good story of a secretary who amassed a fortune by copying her bosses.
The alleged misconduct could cast further doubt on U.S. attorney Preet Bharara's campaign against "insider trading."
Allegations of possible insider trading
In connection with sale of stake in Internet search company
Second circuit court hearing arguments today
Accused with profiting off information about the takeover of a medical device company
Prohibiting people from profiting from their access to information makes the economy less fair and less free.