It’s
tough to predict the securities markets or what is going to happen on
Wall Street. But you can be sure there will be more inside trading
prosecutions,whether the accused or innocent or guilty.
Because the law is so vague as to what constitutes insider information. Moreover, judges and juries are equally in the dark. I have written fully on the subject.
But another reason is the use of what is called “shadow” or “specialist research” by brokers, compared to general research. This is for specific large clients.
The problem, as I see it, is that the information may get too close to the companies involved. Remember: Lots of corporate data is proprietary and restricted for dissemination by corporate employees for outsiders seeking information. (See the Earl J. Weinreb NewsHole® comments.)
Because the law is so vague as to what constitutes insider information. Moreover, judges and juries are equally in the dark. I have written fully on the subject.
But another reason is the use of what is called “shadow” or “specialist research” by brokers, compared to general research. This is for specific large clients.
The problem, as I see it, is that the information may get too close to the companies involved. Remember: Lots of corporate data is proprietary and restricted for dissemination by corporate employees for outsiders seeking information. (See the Earl J. Weinreb NewsHole® comments.)
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