Insider trading has manifested itself in every WSJ in the last decade in some capacity. Congress is finally getting cracked down on. Equity trades on mnpi are certainly being prosecuted. I have heard that there is no such thing as insider trading in the commodities space.
What about bonds? Is insider trading permissible for bonds through some legal loop hole?
I heard that for the gold market but arent some commodities regulated ? Didnt some big trading firms got a slap on the wrist recentely when they tried to corner the market ?
I think there will be more regulation in the mediu, term for food commodities; its been mentioned several times during G8 meetings
I think its regulation around market manipulation vs trading on material non public info.
It's tough to have MNPI on commodities or currencies as there are not 'insiders' like there are with Corporates. All information that could theoretically impact prices is likely already known. Like someone said, it is more about manipulating the market than using MNPI to gain an edge.
On bonds I can't imagine how there would be a loophole to trade on MNPI.
No one has historically cornered a market. Even the JPM/HSBC Silver scandal was an extremely risky situation and only morons allowed it top happen. Insider trading has to do with "non-pubic information" about publicly traded securities. The retail investor is not around trading physical commodities with huge size.
Anyways, go ahead and try to use "insider information" and put on a massive position. As soon another factor changes your ass is handed to you.
Ever heard of jesse livermore?
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