Should We Punish Inside Traders?

LARRY HARRIS, professor of finance and business economics:

“Most people believe that insider trading is simply unfair. … But what seems cut and dried to the public is a more nuanced issue to market experts, economists and legal scholars. Their arguments pro and con are being aired again in the wake of [hedge-fund manager] Raj Rajaratnam’s sentencing.”

For full article, see the Los Angeles Times.

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