"Insider trading" can never be a real crime. It shouldn't be a crime at all. It isn't for congressvermin, and the same standard should apply to everyone. All humans have equal and identical rights, after all.
I understand the excuses for making it a "crime", but to criminalize it in any way just gives criminals, like congressvermin who made up the rule, an advantage.
Everyone can have extra knowledge and information about a specific stock or industry. It's not wrong to take advantage of that, unless you're a congressvermin who is able to do things with legislation that manipulate (disrupt and damage) the market. Which they do all the time.
If it's to be criminalized at all, it would make more sense to criminalize it for congressvermin only. The exact opposite of the current situation. But since there's never a way to single someone out without hurting the innocent, government just needs to keep its filthy hands off.
Legislation makes things worse every time it is tried. So just don't.
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