>This isn't necessarily a problem. As a society, we've decided that we like having amateur capital in the markets more than we want the improved efficiency of allowing use of inside information. It's a tradeoff, and while both options have their merits, society has chosen one way.
I would imagine that information imbalance increases make a market less efficient, not more efficient.
I would imagine that information imbalance increases make a market less efficient, not more efficient.