Reflections on Insider Trading
4 Pages Posted: 19 May 2006
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: Suggested Citation