Moments in Investing History You’ve Never Heard of: When Legal Insider Trading Bit The Dust

It’s remarkable how recent it was that insider trading was labelled broadly an investing malfeasance. Until the 1960s, courts ruled in favor of insiders who traded on nonpublic information. When it comes to regulation of investing transgressions, there still seems to be evidence that the law (and the SEC’s enforcement of it) can still make further progress.