Tuesday, October 20, 2009

 

Should Insider Trading Be Legalized?

[Enforcement seems] like an impossible task. In that case, why not just legalize insider trading? ...Amazingly enough, there are some who endorse this very idea.

Nobel Prize-winning economist Milton Friedman said, “You want more insider trading, not less. You want to give the people most likely to have knowledge about deficiencies of the company an incentive to make the public aware of that..."

Minyanville: Should Insider Trading Be Legalized?

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