Ways to Avoid Insider Trading
from the alter-the-stock-market dept
While I highly doubt this will ever be implemented, some professors have come up with an interesting system to prevent the effects of insider trading. Basically it involves bundling all trades at 15 minute intervals, and allowing everyone to see all the trade requests that build up over that time period, so you have 15 minutes of "free time" to react. Reading over the system I can name a lot of problems that I think would come out of it, and there are always ways to get around the system. However, as reported elsewhere, it does seem that insider trading is a problem. As a director of a company isn't that one of things you're supposed to know? I don't think folks take being a director as seriously as they should.
Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
No Subject Given
[ link to this | view in thread ]