Common Law Fails to Tackle Insider Trading, Calls for New Regulations
The article discusses how the Common law struggles to effectively handle insider trading issues, leading to the need for new regulations. The researchers focus on the challenges faced by the Common law in managing insider trading and argue for statutory intervention to address these issues. Key points include the importance of company information, the role of insiders, the need for legislation, the significance of disclosure, and the duty of trust. The study suggests that insider trading regulations are necessary to improve the current system.