Why? He can argue that insider trading is good. Which is actually a pretty easy ...

darawk · on July 11, 2016

What is your argument that insider trading is good?

kasey_junk · on July 11, 2016

I don't know how I feel about it, but several relatively common arguments in favor of it are:

1) speeds up price discovery 2) makes complying with regulation cheaper 3) it is nearly impossible to enforce currently

Some op-ed pieces arguing for it.

http://www.marketwatch.com/story/why-insider-trading-should-...

http://www.forbes.com/sites/jeffreydorfman/2015/03/22/a-mode...

https://www.washingtonpost.com/news/wonk/wp/2013/07/26/insid...

eru · on July 12, 2016

Yes, that's along the lines I would be arguing.

I am on the fence myself, not having thought about the matter too much. Instinctively, I'd say insider trading should be handled as a breach of contract (ie if I trade on something that I signed an NDA for), not as a criminal matter.