Should there be laws against insider trading in financial markets?
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There should be no laws against insider trading in financial markets
Laws against insider trading should exist, but should be more lax than they are now.
Insider trading laws are about where they should be.
Insider trading laws should be more strict.

In a recent episode of Hard Fork, the one of the hosts, who attended Manifest, said that Manifolders believe that insider trading shouldn't be illegal:

Kevin Roose

So they actually think that insider information and insider trading is good. Because people with inside information have the best information, and they can bring it to a market. They have some sort of elaborate theoretical underpinning for not believing that insider trading actually should be illegal. Right now, all of this is play money, right? Because of our gambling laws in the US, there are a couple sort of small real-money prediction markets that are very limited, and it’s not worth going into why. But most forms of real-money prediction markets are not legal in the US.

And his co-host later continued:

Casey Newton

You know, I got to say, Kevin, I’m of really mixed mind about this. Because on one hand, the idea of people, like, betting play money to guess what might happen seems totally innocuous. Have a good time. It seems like you had a great time at this conference, seemed like all the other people who were there did, too. But I start to hear things like, well, these folks think that insider trading should be legal, and I just start to think, keep them away from the real economy.

I'm putting forward this poll to get a sense of what Manifolders think of this issue.

Please answer the poll in accordance with your own views about insider trading laws in financial markets.

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