Outdated Insider Trading Rule Hinders Justice, New Standard Urged.
The current rule for suing someone for insider trading is wrong and harmful. It says you must have traded at the same time as the insider. This rule is like saying you need a special connection to sue, even though that's not fair on national stock markets. Congress made this rule even worse by making it a law. This article looks at why this rule is bad and suggests a new rule that is more fair and limits the harm caused by insider trading cases.