Moneybox

Should Insider Trading Be Illegal?

Inside out.

Photo by Allison Joyce/Getty Images

As a companion to its great documentary To Catch a Trader on the investigation and prosecution of SAC, Frontline hosted an exchange between CNBC’s John Carney and yours truly on the question of whether insider trading should be illegal at all. I actually was an insider trading legalizer once upon a time, but I’ve changed my ways. You can read the whole debate here.

I also wrote a column on this subject back in late July.