Re:Eat, Drink and Be Wary: Ex-CIA Officer Reveals How Eateri...
by bernawil on Friday October 18, 2019 @08:48AM
(#21290911)
"insider trading" is one of funniest many exceptions to the rules of capitalism. Like someone said "The financial system works! you support companies you think will do good for profit! it's great, it will regulate itself! Only, you can only bet with bad information and we'll make great expense into regulating you are not using good info!.
One of the most objective summaries I've seen is from the Federal Reserve Bank of Atlanta (1).
Subjectively: intentional or not, insider trading laws drastically protect and enhances wallstreet's information asymmetry advantage.
(1) https://www.frbatlanta.org/-/media/documents/research/public...