Cato: Why is Insider Trading Illegal?
LISTEN TO TLR’S LATEST PODCAST: By Kitty Testa The Cato Institute published an article this week advocating for a lift on all insider trading laws. The author, Thomas A. Firey, used former professional baseball player, Doug DeCinces, as an example of how draconian insider trading rules and associated punishments can be. DeCinces was convicted of…