Why is insider trading unethical?

Question

Quizplus · Accepted Answer

Insider trading is unethical because it gives an unfair advantage to the person who has access to non-public information, allowing them to make profits at the expense of others who do not have that information. In the case of buying shares using inside information, the buyer effectively steals the increase in share price from the seller, who would have sold their shares at a lower price if they had access to the same information. This creates an uneven playing field and goes against principles of fairness and transparency in the financial markets.

Why Is Insider Trading Unethical