Steven Cohen Is Not a Reason to Allow Insider Trading

Legalizing insider trading would throw the markets into chaos, encourage bullet-proof executives and effectively end whistleblowing. That's probably a bad idea.

With investment manager Steven A. Cohen charged with five counts of fraud, Dylan Matthews of the Washington Post thinks the U.S. should have never banned insider trading in the first place.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.