Insider trading is illegal, but should it be? The idea that people can buy or sell shares of a public company when they have information not available to the public seems on its face to be unfair. There are well-respected people, however, who argue that allowing for insider trading would actually be beneficial.

Your task is to prepare an essay that addresses the following questions:, (i) develop an argument that supports maintaining the illegality of insider trading, or (ii) develop an argument that insider trading should be allowed.