9
Views
0
CrossRef citations to date
0
Altmetric
Original Articles

IT IS INSIDER TRADING, BUT THE OFFENDERS ARE REALLY OUTSIDERS

, &
Pages 111-137 | Published online: 10 Jan 2012
 

ABSTRACT

This paper examines insider trading, one form of white collar crime that has received virtually no attention from criminology. The development of laws and administrative policies designed to deter insider trading in the U.S. is chronicled and categorized as five distinct regulatory periods. This paper assesses the rationale of these policies, identifies the persons at whom they are aimed, and evaluates their overall success. A distinction between offender decision making by “inside-insiders” and “outside-insiders” is utilized to show the displacement effect of these anti-insider policies. Based on empirical evidence that existing efforts have failed to stop insider trading a recommendation is made for greater research attention to insider trading and reconsideration of existing SEC regulations.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.