This government loves inside trading, imprisoning and fining businessmen and women.
Try to help me understand why our government is wrong.
Firstly, I should be free to say what I like to who I want.
Secondly, the government has no right to tell me what I can and can’t buy or sell.
Thirdly, I get that by buying or selling the CEO is actually delivering a price signal to the market.
Additionally, it isn’t the government’s job to protect the investor.
However, all that said, it seems incredibly in poor taste to me that the CEO can be (somewhat) insulated by his error (or not) at the expense of the investor. (Perhaps this is some sort of emotional little guy vs big guy thing and has no basis in reality, but I also can’t expect any shareholder (even the CEO) not to sell if they believe it is in their self interest.)