Meet Gene, a NASDAQ Market Maker Message Board

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Non-Tech : Meet Gene, a NASDAQ Market Maker

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To: Wayners who wrote (467)	8/5/2000 10:49:10 PM
From: LPS5	Read Replies (1) of 1426

"Insider trading" among market participants is not rampant; thats a foolish statement, and even more foolish to attempt to equate - in a desperate, thrashing attempt to save face - with the phrase "growing incidence," that you boldfaced for effect. LOL. You've got the concepts behind (and practices underscoring) insider trading, frontrunning, and selective disclosure muddied. And that that's the trouble with message board bantering: a little knowledge is a dangerous thing. Depending upon the individual, there appear to be points where the aforementioned issues overlap ethically - they certainly seem to. But until the regulators see fit to re-evaluate them, I choose to defer to their wisdom. As I mentioned, I certainly think that "selective disclosure" should be reconsidered in the interest of fairness toward the retail public; and I know that "insider trading" is far from "rampant" among dealers and institutions. It is, in fact, quite rare. LPS5

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