It seems perfectly natural and innocuous that those with the most information would want to profit from it, and doing so isn’t illegal anywhere else. So why is it prohibited to make trades based on information not everyone has? What undesirable thing does this prevent?
In: 0
If it wasn’t illegal people could scam massive amounts of money from people. It’s incredibly unethical and wrong.
It’s a spotty concept. If you have “info” you can make moves but it’s really a case by case basis
Latest Answers