Unveiling the Dark Side of Insider Trading: Harmful Effects Revealed
The article "Insider Trading (PLI 2d ed. 2006)" discusses laws and regulations related to insider trading in the stock market. It covers federal laws like Exchange Act section 10(b) and SEC rule 10b-5, as well as state laws such as the Uniform Securities Act. The paper also explores government enforcement of insider trading rules and ways firms can prevent illegal trading. It compares the effects of insider trading on investors, looking at both harmful and potentially beneficial impacts.