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The Profit Motive on Trial: A Look at the Famous Raymond Dirks Insider Trading Case

An article in the latest edition of the Undercurrent analyzes the moral arguments underlying insider trading laws. In this post, we recount a specific insider trading case from the early 1980s that revealed that it is indeed the profit motive that insider trading laws exist to penalize. Here’s the story: Ron Secrist, an employee at […]