• Sonori@beehaw.org
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    8 months ago

    The problem is it’s typically their families that do the stock trading, and i you can’t extend employment contracts to unrelated parties. Even if you did do it with a law, people will still talk with their friends. This is part of the reason why insider trading is so difficult to prosecute and enforce outside of the blinding obvious.

    • DogPeePoo@lemm.ee
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      8 months ago

      But I think you have to do it anyway— with the threat of investigation and prosecution for the sharing of insider information.

      Right now it’s just tacit approval.

      Every 2 years it’s talked about banning trading for them to appease the public, then a long delay, then nothing occurs.

      They are robbing retail’s money in plain sight.