Nonsense. The first rule of markets is that the all the information available has already been acted on. So it's the people trying to game the markets, regular investors thinking they know something that has not already been acted on, who are the suckers. And it is these suckers (and those who feed upon them) that cause every boom and bust cycle.
A hypothetical example: a stock (pick any) goes up based on factual information in the market. Some suckers see this as evidence that the stock is "hot" and will continue to go up. Their after-the-fact action in the market continues to drive the price up, over and above the fundamental reasons why it did so in the first place. Other see this as evidence of a "rally," and push it further to lofty heights. Champagne corks pop in celebration. Then, some decides to sell to pay for the champagne, the bubble deflates, and the stock returns, after some fluctuations, to a reasonable value based upon the actual factors supporting it. The suckers call this a bust, cry, and then promptly move on to the "hot ticket," the next bubble and the next fleecing.
Now, I'm not arguing against regulation per se, but has anyone ever stopped to consider some basic education and common sense first? Because... I'm sorry, but you're not victims... you're greedy and should know better.
