News for hackers. Stuff that matters.
Re:Twilio employees, associates charged with insider trading... by economist9374 on Monday March 28, 2022 @07:27PM (#30836841)
> If insider trading is legal, fewer people will participate in the market because they will lose out due to information asymmetry and this will lead to pricing inefficiencies.

This only makes sense in a world where regulators can effectively prevent insider trading, that’s not the world we live in though.

Re:Twilio employees, associates charged with insider trading... by viraptor on Monday March 28, 2022 @07:56PM (#30837023)
Does it really? We have a lot of laws and activities where we know there not perfect, yet we set the right incentives. Having laws against murder does not effectively prevent most of murder from happening.