Once insider trading was legal. After all, why shouldn't a person benefit from his knowledge?

The purpose of the markets is to raise money as debt or equity for businesses and to permit investors who invest wisely to profit from their investments.

It is not a game to screw the public.

It is not meant for rumors to push prices up and down so that the rumor-mongers can profit.

It is not intended that persons invest with borrowed money, thus transferring the risk to lenders.

Stock is to be bought or sold, not borrowed. That entire concept is absurd.

Basically, one should be permitted to buy, hold, and sell stock in the long term, and to collect dividends while one owns it.

The rest is crap invented by chiselers to screw the honest investor.