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by fnord77 81 days ago
Insider trading is incredibly toxic to society. It is not a victimless crime. It is tantamount to stealing.
1 comments

It is, I agree. My point is that the proportionality of consequences is not there. We seem to be good at criminalizing discrete, individual financial acts, but not systemic corporate decisions that cause diffuse harm. That's even when the aggregate harm is arguably far greater.