It probably wasn't a single working stiff, or a working stiff in general. Sure, people lost money on the other side... and if he did what the SEC alleged, then he should go to jail.
But there are much bigger fish to fry here, but the SEC and CTFC have neither the means nor the competency to do something of value. Instead they go after this petty bullshit which seems to be politically motivated.
I agree with what you're saying, but it's good to be reminded of the reason why out-and-out insider trading is illegal; I'd obviously forgotten about the counterparty.
But there are much bigger fish to fry here, but the SEC and CTFC have neither the means nor the competency to do something of value. Instead they go after this petty bullshit which seems to be politically motivated.