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fnord77today at 7:05 PM1 replyview on HN

Insider trading is incredibly toxic to society. It is not a victimless crime. It is tantamount to stealing.


Replies

slazientoday at 7:21 PM

It is, I agree. My point is that the proportionality of consequences is not there. We seem to be good at criminalizing discrete, individual financial acts, but not systemic corporate decisions that cause diffuse harm. That's even when the aggregate harm is arguably far greater.