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Trader Survey Makes Me Glad We Have Market Regulations

Written by David Neubert

Tuesday, 21 August 2007

I enjoyed reading the results of Trader Monthly's poll of 2500 traders. If ever there was a answer to why we need market regulators to level the playing field, Trader Monthly found it in the following questions:

"If you could parlay some insider info into a guaranteed $10 million trade but knew you stood a 50 percent chance of getting arrested for INSIDER TRADING, would you?
YES: 7%
If you could make that same $10 million trade but stood only a 10 PERCENT chance of getting arrested, would you?
YES: 28%
If you could make that same $10 million trade but stood NO CHANCE whatsoever of getting arrested, would you?
YES: 58%"

It would seem that the likelihood of being caught is a definite deterent. Makes me think the S.E.C. could use more funding.

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David Neubert

Government

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written by Arnaud , August 29, 2007

That also explains why we should keep death penalty alive and running. A good deterrent.

Sorry for hijacking an otherwise interesting post :)

Arnaud

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