Insider trading is not a criminal offence because no one is harmed by its consequences.

Question

Quizplus · Accepted Answer

Insider trading is indeed a criminal offence because it involves trading securities based on material non-public information, which gives an unfair advantage to the trader who has access to such information. This can harm other investors who do not have access to this information, as it can affect the price of the securities once the information becomes public. Insider trading is illegal in most countries, including the United States.

Insider Trading Is Not a Criminal Offence Because No One