Stamping Out Insider Trading: Can Government Succeed Where Stock Markets Failed?

Will a switch in regulators, and an increase in investigative powers and penalties stamp out insider trading on the Australian share market? Shifting from the largely self-regulated US model and toughening up the role of the Australian Securities and Investments Commission may help catch more covert traders. But don’t expect miracles. Some say insider trading will never be wiped out simply because human nature finds it hard to keep a secret – and to resist making a quick buck.