One more point on the press reports of "insider trading," which I am tempted to start referring to as "outsider trading," because they don't appear to involve any persons you'd think of as classic insiders: The New York Times was reporting on some of these activities — particularly the consulting by doctors — five years ago, and I was blogging in defense of it. If the activity is so problematic and so well known, why has it taken the government five years to get on the case? There's something strange about the whole thing.
One More on Outsider Trading
https://www.futureofcapitalism.com/2010/12/one-more-on-outsider-trading
by Ira Stoll | Related Topics: Capital Markets Regulation, Health Care receive the latest by email: subscribe to the free futureofcapitalism.com mailing list