When Insider Trading Was Legal

submitted by Marvin's Underground Evening Lectures on 10/06/18 1

The United States has stricter laws than any nation against insider trading in financial markets, but the earliest of these laws date only from 1909. Prior, stock and commodities exchanges governed themselves with minimal external oversight. Mark Geiger presents a close-up view of member relationships and business practices within the Chicago Board of Trade during the later 19th century when rival groups of exchange members, often family-centered, competed for money and power on the trading floor. For captions, transcript, and more information visit www.loc.gov/today/cyberlc/feature_wdesc.php?rec=5593.

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