Scriptures seem out of place when dealing with markets.
There should be no laws regulating insider trading. Trading is what business is all about.
The scriptures apply to everything in life. The rejection of the scriptures has some pretty incredible consequences.
It would be great. You know your company is about to be acquired you mortgage your house if you have to and buy every share you lay your hand on. You’d be a multi millionaire.
You know your company is getting a big government contract. Buy, buy, buy right before the announcement.
Everyone at the FDA would be billionaires. They could buy a week before a drug approval is announced.
but I don’t think there is any moral problem with insider trading. It is not fraud or stealing. It is just a matter of fairness.
The FBI couldn’t figure out the ACORN vote fraud campaign so they’re going after easier pickings.