Whatever you hear from them and is probably non-public info is also illegal to trade on.
I mean, what exactly do you expect to happen if this is allowed? Put everyone who works on finance and the executives under 24/7 surveillance? Pay them ransom for not sharing their employer’s data? It would simply be an institutionalized racket.
I am not answering for them, merely observing a trend.
I'm definitely on the side that favors heavy market regulation. History shows us that it works better with heavy regulations - that is that it works better for more people rather than better for a small group of people. In the US, something like 52% (the last time I read some numbers) have invested in the stock market. I'd rather they be treated fairly, with a more equal playing field.
Hmm... It looks like it's now 53%:
https://usafacts.org/articles/what-percentage-of-americans-o...