Deprioritize insider trading

Unfortunately, the SEC long ago discovered that Congress loves insider trading cases (as long as they’re not brought against members of Congress). In the wake of blowing the Bernie Madoff case and taking a lot of hits for failing to prevent the 2008 crisis, the SEC is going to keep bringing insider trading cases so as to distract attention from its many failures.

Read more: Deprioritize insider trading — Professor Bainbridge