News from Cass Business School

Insider trading: Market abuse or market efficiency?

Professor Meziane Lasfer gives an insight into the dark side of the City

Insider trading scandals have plagued the UK and US financial sectors this year. But is trading on information not publicly available to external shareholders always a bad thing? Speaking to Cass Talks presenter and former MBA student, Alex Ritson, Professor of Finance Meziane Lasfer weighs up whether insider trading is a form of market abuse or a means to improve market efficiency. Drawing on his own research, Professor Lasfer provides insights into the murky practice of insider trading, which he insists is surprisingly widespread, and reveals his latest findings on illegal trading during IPO lock-up periods. He ends with some important advice for regulators.

Cass Talks interviews are published every Thursday and are a chance to hear Cass faculty give their perspective on current business and finance news stories. To listen, watch and download Cass Talks, and to see previous interviews, click here.

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