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Should Insider Trading Be Legal?

“If companies would tell us more, insider trading would be worth less.” — James Surowiecki, New Yorker magazine

In a stinging rebuke for the U.S. government, a Texas jury acquitted billionaire Mark Cuban of insider trading. The Securities and Exchange Commission (SEC) accused him of using a private tip to avoid a big loss on his 2004 sale of Internet company shares.

Cuban, 55, the owner of the Dallas Mavericks basketball team, lashed out at the U.S. government and lead prosecutor Jan Folena after the verdict, saying the government had tried to bully him.

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Mark Skousen is a college professor, prolific author and world-renowned speaker. He‚??s made his unique sense of market and investment trends known and respected in the financial world. With a Ph.D. in economics and a focus on the principles of free-market capitalism and ‚??Austrian‚?Ě economics, Mark Skousen has often gone contrary to the crowd in his investment choices and economic predictions ‚?? and has often been proved right.

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Should Insider Trading Be Legal?

“If companies would tell us more, insider trading would be worth less.” — James Surowiecki, New Yorker magazine

In a stinging rebuke for the U.S. government, a Texas jury acquitted billionaire Mark Cuban of insider trading. The Securities and Exchange Commission (SEC) accused him of using a private tip to avoid a big loss on his 2004 sale of Internet company shares.

Cuban, 55, the owner of the Dallas Mavericks basketball team, lashed out at the U.S. government and lead prosecutor Jan Folena after the verdict, saying the government had tried to bully him.

To read the rest of this article, please click here

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