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Politics : Politics for Pros- moderated

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bentway

To: DMaA who wrote (543653)	10/18/2013 1:31:07 PM
From: Crony	1 Recommendation Read Replies (1) of 793623

I know that individual investors are in a disadvantaged position. But currently with SEC looking for a suspicious activity and a possibility of going to jail for insider trading - it limits the amount of money insiders can make ( steal from others since market is a zero sum game short term). If you make insider trading legal, then an officer who has some information about merger or a big contract instead of telling his friend to buy some 1000 shares and not more not to bring attention will be able to bet a farm on a stock or sell the info to those with alot of money so they will pocket all the profits. I just don't see how legalizing insider trading can make thing better.

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