[wizzler]

The market isn't free if there is insider trading.

Explain why you believe this is so.

I swear, sometimes I'm astounded this place is called "conservative."

[RedBloodedAmerican]

If there is insider trading, then those who are trading CONTROL the market value of that particular stock, and therefore, it isn't free. At least, that is the way it appears to be. What part of this would you not agree with? Do you think insider trading is an honest practice?

[RightWhale]

Explain why you believe this is so.

This was tried with the Chicago grain futures market. They had to institute rules and controls one after another to try to keep the market free. Too many insider deals were destroying the market, and commerce relied on the market. The market fails, commerce fails, farming fails, and the whole system collapses. Apocalyptical? Not at all, it's the real world.