The Hill News

We were reminded again this month of the sinister role that insider trading has played in our markets. In two totally different contexts, we meet head-on with the reality of this practice, both the advantage it provides to the person trading on such information and how unfair it is to everyone else participating in such markets.

Recently, more news has broken on the nearly two-year ordeal of insider trading allegations in the so-called “Raj Raj” case involving a vast network of experts, insiders, and investors, all in the know about the latest earnings figures for various companies.

The problem: they were in the know hours before everyone else. They acted on this so-called material, non-public information prior to its public release and before anyone else had a chance. Shame! This is as clearly and blatantly illegal as it gets. Additional people connected to the wide-ranging case were charged and sentenced this week. Even Raj himself made news! , seeking a quick appeal and reversal of his guilty verdict.

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