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Is the American view of strictly prohibiting insider trading superior to the view held in certain...

Is the American view of strictly prohibiting insider trading superior to the view held in certain parts of Asia where insider trading is not regarded as serious misconduct.

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Many reaserachers found that insider trading is highly dangerous to the economy of the country as getting detailed about the information make the person to change the stock value and from the past analysis it has made a significant change in the exchange values in US economy on the whole. Therefore it is considered as a serious misconduct in US. However in Asia, there aren't such threatening cases in the past which is the foremost reason why it is not considered as a serious problem there all in all.

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