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Congressional insider trading

By: Larry Ribstein

November 14, 2011

Cite this Article

Larry Ribstein, Congressional insider trading, Truth on the Market (November 14, 2011), https://truthonthemarket.com/2011/11/14/congressional-insider-trading/

CBS is all hot and bothered about insider trading by Congress. Steve Bainbridge is not so sure it’s illegal. Neither am I, and I question whether it should be on policy grounds (see here, first published here). I suggest more disclosure, and reducing the opportunity for all kinds of corruption by having less law.

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About the Author

Larry E. Ribstein (1946-2011) was the Mildred Van Voorhis Jones Chair, associate dean for research, and co-director of the Illinois Business Law and Policy Program at the University of Illinois.

Tagged Topics

Corporate Governance
Securities Regulation

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