Insider trading: “You can’t regulate uncertainty”

posted by
June 2, 2011
Casey Research
by Louis James  
Posted in Commentary

Interview with Doug Casey. Casey: "Like most of the SEC’s rules, the ones on insider trading are arbitrary. They’re similar to the tax laws, in that you often can’t know whether you’re breaking them or not. You’d almost have to live with a specialized attorney to keep from getting in trouble. They can’t be enforced in anything but a sporadic way -- basically to cause fear, in the hope that fear will keep the plebes in line. But worse, they are unnecessary and destructive." (06/02/11)  


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