1confirmation fundador: negociações privilegiadas beneficiam o mercado ao se aproximar mais rapidamente do valor real

Odaily Planet Daily News: Nick Tomaino, founder of 1confirmation, posted on X platform stating that price is honest while narrative is deceptive. Discussion regarding insider trading is quite complex. Although insider trading is typically viewed negatively, its essence is trading with more accurate information. Allowing insider trading enables prices to move faster toward true value, thereby benefiting the entire market and bringing more truth. Currently the SEC prohibits insider trading in securities markets, theoretically to enhance public trust, but Nancy Pelosi has profited 13 million dollars from the stock market during her 37-year political career. Meanwhile, the CFTC has not prohibited insider trading in commodities and futures in the same manner, unless involving deception or manipulation. Trading futures and commodities using material non-public information is legal. The development of prediction markets remains to be observed. Those who want to control markets will advocate that insider trading is harmful, but free markets and more truth are the better choice.