Heres a philosophical dilemma, for those who support the idea of insider trading. In insider trading, your mental state is the crime. In one case, selling shares of MSFT is perfectly legal and profitable. In another case, selling those same shares of MSFT at the same price is a felony, and you go to prison. It all depends on what you know, when you knew it, what you intended, and when you intended it. Enter, computer program trading. How is one to differentiate such minutiae if its a computer who decided to trade, rather than a human?
Posted on: Thu, 11 Dec 2014 14:34:54 +0000