Opinion
The securities industry regulator is getting better at catching insider traders thanks to improved data analytics. But the cohort of offenders is so dumb it may not make a difference.
I never cease to be amazed at the level of stupidity of insider traders, that special breed of white-collar criminals found in every major equity capital market.
A quick review of successful insider trading convictions over the past few years shows the stupidity index sinking to new lows.
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Original URL: https://www.afr.com/markets/equity-markets/how-asic-s-new-insider-trader-busting-system-works-20240714-p5jthq
