What is the concern regarding insider trading?
The speaker is concerned about the lack of control over people with inside information, but the other person dismisses it as not a concern for them.
5 matching records.
The speaker is concerned about the lack of control over people with inside information, but the other person dismisses it as not a concern for them.
The speaker believes that while some investigation may occur, there is likely no wrongdoing to find, and thus no prosecution. They suggest that the CME has the capability to trace the order, but this may not lead to any actionable results.
The speaker argues that insider trading should not be legal, as it creates a two-tiered system and undermines market integrity. They believe that allowing insider trading leads to a loss of trust and participation in the market.
Steve confirms that he has watched the episode on the topic of elected officials trading.
The speaker suggests that insider selling should not necessarily make anyone nervous, as it could be due to tax obligations. They also mention that insiders might think prices are high, but this is not a definitive indicator.