Stephen M. Bainbridge (2000)
, Main Question of the Article
Should insider trading be regulated or deregulated, and on what
theoretical and legal grounds?
It contains a critical analysis of competing arguments from law
and economics scholars regarding the justi cation, scope, and
impact of insider trading regulation, particularly in the U.S. It
also analyzes whether insider trading enhances or harms market
e ciency, corporate governance, and investor con dence.
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