BY JOHN P. ANDERSON, 69 U. Miami L. Rev. 795 (2015). Introduction: I have argued elsewhere that insider trading is morally harmless where the issuer approves the trade in advance and has disclosed that it permits such trading pursuant to published guidelines. I have also suggested that reforming the law to permit such issuer-licensed insider trading “would […]
BY WILLIAM K.S. WANG, 69 U. Miami L. Rev. 811 (2015). Introduction: Professor John P. Anderson’s article, What’s the Harm in Issuer-Licensed Insider Trading?, argues that my “Law of Conservation of Securities” has no moral relevance to the question whether to allow such trading. Although the Law of Conservation of Securities does not resolve the issue, the “law” does […]
BY LEO KATZ, 69 U. Miami L. Rev. 827 (2015). Introduction: Professor Anderson argues that so long as insider trading is consented to by all market participants, it is hard to find a strong moral objection to it. I agree that explaining why we prohibit consensual transactions is always a tall order. Nonetheless, the fact remains that the law […]
BY JACK B. WEINSTEIN, 69 U. Miami L. Rev. 355 (2015) Introduction: A realistic description of the federal trial judge’s role might be “Dealing with the Real World.” We are concerned with real people and the impacts of law on those people. We observe real lives through our window to the world. Where the law is […]
