Insider Trading is wrong for several reasons. People should refrain from such activities. It is important to report any suspicious acts that may indicate the possibility of "insider trading."

Our stock market system is supposed to be built on a honor system. None of us should be trading off information that is not know by the public. For example, you have caught wind that the FDA is going to approve ABC's new drug on Thursday, but the news is not public. If you decide to trade off of this information, before the public is made aware of the facts, you are an "insider trader." Insider trading is a felony and could get you put in jail. If you are a board member or an executive, you could be banned from holding any such position, in the future of a publicly traded company.

Why is there such an outcry over "insider trading?" Well it is like taking a Neuroscience test, and having all of the answers, by illegal means, while others had to study. What is worse, history shows us that many who have done this dastardly deed, sell as soon as the news hits the street. That way they can take their gains, while the market absorbs the good news. The mere thought that someone could plan such an attack on our stock market system is scary. The only fair way to trade is through publicly know news.

If you believe people are engaging in "insider trading" you have a responsibility to report them to your local authorities. They will allow you to remain anonymous, otherwise, watch as investors continue to lose faith in our market system. Just say no to insider trading. Cheating has no place in our stock trading arena, the choice is yours.

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