I have an alternative view. One of the great maxims of Wall Street trading is that foreign exchange markets are the ones that give the best possible information and good signal.
The reason for this is because in foreign exchange market insider trading is perfectly legal. Really. Go look it up.
Because of this you might actually want insiders being able to trade as they give good market signals. I know this is a contrarian view, but there is actually an economist who has done some work on it named Walter Block.
I have an alternative view. One of the great maxims of Wall Street trading is that foreign exchange markets are the ones that give the best possible information and good signal.
The reason for this is because in foreign exchange market insider trading is perfectly legal. Really. Go look it up.
Because of this you might actually want insiders being able to trade as they give good market signals. I know this is a contrarian view, but there is actually an economist who has done some work on it named Walter Block.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1890819
Yeah, we don't want former bartenders making $29M on the taxpayers' backs while helping globohomo get even bigger.