1 Insider dealing has been called a victimless crime.

2 Insider dealing may likewise be justified on this basis.

3 Why is insider dealing morally wrong?

4 First, we are principally concerned with insider dealing on impersonal stock exchange markets and not with face-to-face transactions.

5 Insider dealing has been roundly trounced, widely discredited, and often outlawed.

6 For insider dealing does not lack victims but rather, credible plaintiffs.

7 In all countries, insider dealing will continue as long as profits can be made from it.

8 It is on this basis that many see insider dealing as morally wrong.

9 The debate concerning the factual consequences of insider dealing has centred mainly on the predictive power of economics.

10 The issue of whether insider dealing is efficient or inefficient is problematic.

11 Whether this subsection applies to insider dealing is very questionable.

12 They stand to benefit little from the insider dealing prohibition.

13 Yet most countries now have rules against insider dealing, not least because it can put outside investors off securities markets.

14 The second change would be to make the insider dealing law more effective.

15 This is aimed at preventing insider dealing and promoting market transparency.

16 The proposals on insider dealing define insiders as anyone who obtains inside information as a result of their employment or position.

17 The growth of financial conglomerates, however,[www.Sentencedict.com] has caused insider dealing to be a more urgent and immediate problem.

18 As the nature of insider dealing changed, there was a corresponding need to adapt other legal doctrines to fit the abuse.

19 Equally, legitimizing insider dealing could encourage managers to invest in risky projects.

20 Ultimately the net benefits from insider dealing must equal the net losses.

21 But there are still grumbles that much insider dealing goes unpunished.

22 The argument here is that insider dealing is a victimless crime.

23 The argument advanced here is that insider dealing is the sort of conduct which ought to be criminal.

24 The definition of insider dealing would be expanded to include those contemplating a takeover bid as well as people using inside information.

25 Yet there has also been dismay that concern over insider dealing may threaten the flow of information.

26 Whatever the outcome, s.61 style remedies are important for the future development of civil liability for insider dealing. 4.2.5.

27 The general consensus of opinion is that a successful action under s.62 for insider dealing will be hard to sustain.

28 However as yet they are untried in the context of insider dealing, and are likely to prove difficult to sustain.

29 One Labour source said that operating cartels would be put on a par with insider dealing.

30 Britain has been notoriously ineffective in dealing with offences like financial fraud, market manipulation and insider dealing.