Author - semi retired business entrepreneur leader who is now a senior citizen. Current posts are about his current business experience and learnings. A former lecturer at a top GSB in the PHL for more than a decade. We had great successful entrepreneur graduates
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Thursday, August 8, 2013
Matthews of WaPo - Legalize Insider Trading
WaPo's Matthews: Insider Trading Should Be Legal
From Moneynews Aug 8, 2013
Washington's Post Dylan Matthews thinks that insider trading should be legalized. The Atlanta Federal Reserve bank study says that insider trading makes market more efficient.
It is bizarre that selling is prohibited but not holding on to the stock (if there are positive news that the insider knows about)
(MIchael Douglas was jailed because Sheen turned against him in a insider trading scam). Banning insider trading gives a stock market a sense of fairness; but it is not fair.
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