Insider traders have cooked up a new way to leverage secrets, investing at least $3 billion. It's not illegal – but it's probably not making them much money, either.

Sat, 02/18/2023 - 05:00

Traders work on the floor of the New York Stock Exchange (NYSE) on February 07, 2023 in New York City. Following remarks by Federal Reserve Chair Jerome Powell that U.S. inflation has started easing, stocks surged on Tuesday with the Dow Jones Industrial Average adding 265.67 points, or 0.78%. (Photo by Spencer Platt/Getty Images) — So-called "shadow traders" avoid scrutiny from regulators by investing in ETFs, according to a new research paper.
Spencer Platt/Getty Images

Tags

Markets, MI Exclusive, Stocks, ETFs, Insider Trading, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Investing Analysis, Investing Outlook, Investing Strategy, Weekend BI UK, Exchange-Traded Fund, ETF, m&a, academic papers

Source

Insider traders have cooked up a new way to leverage secrets, investing at leas…