Reflections on Insider Trading

4 Pages Posted: 19 May 2006

See all articles by Michael S. Rozeff

Michael S. Rozeff

SUNY at Buffalo - Department of Financial & Managerial Economics


This article raises (but mostly does not answer) several questions concerning insider trading. How important is it? How can it be prosecuted when it has no clear definition? Is anyone harmed by insider trading? If so, who and how? Should insider trading be deregulated? Are there property rights in information? Who benefits most by restricting insider trading? How do insider trading restrictions harm investors?

Keywords: insider trading, securities regulation

JEL Classification: G14, G28

Suggested Citation

Rozeff, Michael S., Reflections on Insider Trading. Financial Analysts Journal, Vol. 45, No. 6, pp. 12-15, 1989. Available at SSRN:

Michael S. Rozeff (Contact Author)

SUNY at Buffalo - Department of Financial & Managerial Economics ( email )

Buffalo, NY 14260
United States

Here is the Coronavirus
related research on SSRN

Paper statistics

Abstract Views
PlumX Metrics