Why Prosecuting Insider Trading Is So Problematic
177,332
Published 2023-08-10
Chapters:
00:00 — Introduction
01:22 — Defining insider trading
03:19 — Prosecuting insider trading
07:41 — Who gets investigated?
10:27 — Activist investors
Produced by: Charlotte Morabito
Additional Reporting by: Mary Hanan, Meghan Lisson
Camera by: Junghun Park, Gerard Miller, Marco Mastrorilli, Bob Briscoe
Audio by: Paul Alfe, Francesco Lo Cascio, Juan Roche
Edited by: Nora Rappaport
Animation: Mallory Brangan
Supervising Producer: Lindsey Jacobson
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Why Prosecuting Insider Trading Is So Problematic
All Comments (21)
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It's hard to stop because the lawmakers are the biggest culprits.
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Because politicians never arrest themselves
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politicians will never want to stop insider trading because politicians are the biggest winners when it comes down to insider trading. there's a lot of information left out of this video.
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Why is insider trading so hard to stop? Because everyone at the federal reserve and White House does it.
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Murder is hard to stop. Anyone can murder. The difference is that we prosecute murderers instead of giving them a fine that’s 1/1000th of their net worth.
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Hey guys, I know nothing about the market and I'm looking to invest, any help? As well who can I reach out to?
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I wonder why Congress has never defined insider training... 🤔
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Most people venture into crypto to be a millionaire meanwhile I just want to be debt free
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How are you not prosecuting senators and congressman? This needs to happen. Makes me freaking sick!
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I would guess it’s so hard to prosecute because the people doing the prosecuting are doing the inside training. The people make laws are all doing it as well.
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I'm sure catching politicians was just as hard at it.
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"Why Prosecuting Insider Trading Is So Problematic" Simple answer, the politicians do it and they don't want it to be strictly stopped...
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It's hard to prosecute because a lot of powerful people do it and nobody wants to hurt their feelings.
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Its hard to stop because it requires american politicians to have integrity
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I have uncle in my family who's retired who recently made around 750k because he heard his friend that works that moved off and got a job at a company in North Carolina. The friend said the company was coming out with certain kind of product. Not really thinking about it but my uncle took initiative and thought it would be a good deal. This was after the stock market crash so he put $50,000 into it from his 401k and he sold it last year for a profit of $748,000
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The reason insider trading is difficult because lawmakers know how to protect themselves.
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Calling someone the Oracle of Omaha is a big joke when we know he is privy to the insider information.
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The subtitles on this video are not separated into shorter segments, at 1:36 a huge blob of text covers the screen for example
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0:00: 📈 Insider trading is difficult to prove and prosecute, with no clear definition, and the SEC often focuses on smaller cases rather than big offenders.
3:43: 💼 Insider trading can be prosecuted through civil or criminal law, with the SEC handling civil litigation and the DOJ handling criminal cases.
6:41: 🔍 Justin Paperny, a former securities fraud convict, now helps guide those accused of white collar crimes through investigations, sharing his experience and insights.
8:46: 💰 Insider trading enforcement actions often target defendants who can't afford high-powered representation, but high-profile individuals have also been successfully prosecuted.
11:45: 📈 The rise of meme stocks and social media influencers has raised concerns about market manipulation and the influence of retail investors.
Recap by Tammy AI -
Why SEC needs funding? Align incentives. 10% of won litigations against wrongdoers on wall street goes to SEC budget. 1% of that gets directly added to SEC employees bonuses. Next?