Earlier quoted context omitted.
It really has nothing to do with Sony as such though. This is a common finding; 9:0 is also a clear message. If service providers are held accountable then arms producers also have to be held accountable. Or politicians who drive up prices via racket scheme such as a certain guy using orange powder on his wrinkly face. Someone is stealing money from stock exchange - that is also becoming increasingly clear from the t…
It's always seemed fundamentally flawed to me that the exchange laws are designed to prevent people benefitting from insider information but then the entire purpose of the stock exchange is to make money by leveraging information asymmetry to make choices other rational actors wouldn't make because you have more knowledge or data than they do. It's a very "leverage your info to make money no wait not like that" schem…
Instead of quarterly filings, if you are considered an insider (or is affiliated with one), you are required to have your trades be instantly reported and be public the nanosecond you make them. You are allowed to make use of the insider info, as long as you adhere to these transparency measures.