It’s not different because of who’s doing it but due to scale: creating news which steers markets is worse than trading based on insider information, and there’s a scale question as well (billions versus millions). I want them both prosecuted but in terms of priorities I’d favor the police going after armed robbers over porch thieves.
It’s not different because of who’s doing it but due to scale: creating news which steers markets is worse than trading based on insider information, and there’s a scale question as well (billions versus millions). I want them both prosecuted but in terms of priorities I’d favor the police going after armed robbers over porch thieves.