- "The more information in a market, any market, the more efficient prices become."
- "Fraud will be exposed earlier ... Enron is an example where tens of thousands of investors got burned because they were piling into the stocks during the later stages of its fraud. If insiders were selling we would've seen a much swifter move down, and probable fraud exposed."
- "Companies will either become more transparent, to keep the retail investor happy, or will themselves enforce secrecy rather than being complacent with the idea that the law somehow protects their secrets."
- "More enforcement dollars will be used to uncover actual frauds such as the next Enron or Worldcom. Arguably, these frauds are a thousand times more dangerous for the retail investor than what is probably a victimless crime such as insider trading."
- "Insider trading is almost impossible to prosecute and the government wastes countless dollars trying."
So what do you think: Should we make insider trading legal?