1) speeds up price discovery 2) makes complying with regulation cheaper 3) it is nearly impossible to enforce currently
Some op-ed pieces arguing for it.
http://www.marketwatch.com/story/why-insider-trading-should-...
http://www.forbes.com/sites/jeffreydorfman/2015/03/22/a-mode...
https://www.washingtonpost.com/news/wonk/wp/2013/07/26/insid...
I am on the fence myself, not having thought about the matter too much. Instinctively, I'd say insider trading should be handled as a breach of contract (ie if I trade on something that I signed an NDA for), not as a criminal matter.
1) speeds up price discovery 2) makes complying with regulation cheaper 3) it is nearly impossible to enforce currently
Some op-ed pieces arguing for it.
http://www.marketwatch.com/story/why-insider-trading-should-...
http://www.forbes.com/sites/jeffreydorfman/2015/03/22/a-mode...
https://www.washingtonpost.com/news/wonk/wp/2013/07/26/insid...