Odaily Planet Daily News: Nick Tomaino, founder of 1confirmation, posted on the X platform stating that price is honest, while narrative is deceptive. Discussions about insider trading are quite complex. Although insider trading is generally viewed negatively, its essence is trading with more accurate information. Allowing insider trading can make prices converge to true value faster, thereby benefiting the entire market and bringing more truth. Currently the SEC prohibits insider trading in securities markets, theoretically to enhance public trust, but Nancy Pelosi has profited $1.3 billion from the stock market during her 37-year political career. Meanwhile, the CFTC has not prohibited insider trading in commodities and futures in the same way, unless it involves fraud or manipulation. Trading futures and commodities using material non-public information is legal. The development of prediction markets remains to be observed. Those who want to control markets will advocate that insider trading is harmful, but free markets and more truth are better choices.
1confirmation創設者:インサイダー取引は市場がより早く真の価値に近づくのに役立つ
Odaily Planet Daily News: Nick Tomaino, founder of 1confirmation, posted on the X platform stating that price is honest, while narrative is deceptive. Discussions about insider trading are quite complex. Although insider trading is generally viewed negatively, its essence is trading with more accurate information. Allowing insider trading can make prices converge to true value faster, thereby benefiting the entire market and bringing more truth. Currently the SEC prohibits insider trading in securities markets, theoretically to enhance public trust, but Nancy Pelosi has profited $1.3 billion from the stock market during her 37-year political career. Meanwhile, the CFTC has not prohibited insider trading in commodities and futures in the same way, unless it involves fraud or manipulation. Trading futures and commodities using material non-public information is legal. The development of prediction markets remains to be observed. Those who want to control markets will advocate that insider trading is harmful, but free markets and more truth are better choices.