{"id":25252,"date":"2019-06-12T20:13:31","date_gmt":"2019-06-12T20:13:31","guid":{"rendered":"https:\/\/thecampbelllawgroup.com\/?p=25252"},"modified":"2025-10-15T13:22:58","modified_gmt":"2025-10-15T17:22:58","slug":"uso-de-informacion-privilegiada-2-0","status":"publish","type":"blog","link":"https:\/\/tclgfirm.com\/es\/blog\/insider-trading-2-0\/","title":{"rendered":"\u00bfInsider Trading 2.0?"},"content":{"rendered":"<p>El fiscal general de los Estados Unidos, Eric Holder, calific\u00f3 recientemente el comercio de alta frecuencia como \u201cuso de informaci\u00f3n privilegiada 2.0\u201d. Por su parte, la directora de la Comisi\u00f3n de Bolsa y Valores, Mary Jo Wright, tiene una opini\u00f3n diferente sobre esta nueva pr\u00e1ctica burs\u00e1til. Ha afirmado expl\u00edcitamente que no se trata de un uso ilegal de informaci\u00f3n privilegiada. Las ideas contrapuestas de dos poderosos reguladores federales resultan algo sorprendentes. Las diferencias de opini\u00f3n entre reguladores como la SEC, el Departamento de Justicia y el fiscal general de Nueva York complican a\u00fan m\u00e1s la tarea de determinar qu\u00e9 pr\u00e1cticas comerciales son legales en Wall Street. Esta ambig\u00fcedad en el derecho mercantil puede afectar <strong><a href=\"https:\/\/tclgfirm.com\/es\/business-corporate-lawyer\/\" target=\"_blank\" rel=\"noreferrer noopener\">empresas de todo Estados Unidos.<\/a><\/strong>, incluyendo los de Miami.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Chicos Flash<\/strong><\/h2>\n\n\n\n<p>En marzo de 2014, el autor Michael Lewis public\u00f3 el libro <em>Chicos Flash<\/em>. Este libro revel\u00f3 la t\u00e9cnica burs\u00e1til conocida como negociaci\u00f3n de alta frecuencia. En la negociaci\u00f3n de alta frecuencia, los operadores que trabajan para las principales empresas burs\u00e1tiles utilizan potentes computadoras para rastrear las operaciones entre los inversionistas. Con esa informaci\u00f3n, los operadores establecen algoritmos que fijan las operaciones en nombre de la empresa de inversi\u00f3n para que se negocien en una fracci\u00f3n de segundo antes de la operaci\u00f3n original del inversionista. <strong>Los operadores de los bancos de inversi\u00f3n podr\u00edan negociar acciones a precios ligeramente m\u00e1s favorables.<\/strong> lo que reportar\u00eda peque\u00f1as ganancias al banco en cada operaci\u00f3n. Con miles o millones de operaciones, el banco de inversi\u00f3n podr\u00eda generar millones de d\u00f3lares.<\/p>\n\n\n\n<p>El problema con este tipo de operaciones es que solo un peque\u00f1o grupo de bancos, y desde luego no los inversionistas individuales, pueden realizar este tipo de operaciones extremadamente r\u00e1pidas y sofisticadas. Seg\u00fan Lewis...\u2019<a href=\"http:\/\/www.newsweek.com\/2014\/05\/30\/wall-street-pulling-fast-one-251784.html\" target=\"_blank\" rel=\"noreferrer noopener\"> libro<\/a>, Este tipo de operaciones hace que el mercado financiero estadounidense sea menos libre y abierto, y est\u00e9 m\u00e1s controlado por los grandes bancos de Wall Street.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u00bfEs esto realmente nuevo?<\/strong><\/h2>\n\n\n\n<p>Algunos miembros de Wall Street no ven qu\u00e9 tiene de especial el comercio de alta velocidad. Estos operadores se\u00f1alan que los iniciados siempre han tenido ventajas al disponer de mejor informaci\u00f3n que la mayor\u00eda de los dem\u00e1s inversionistas, ya que se dedican intensamente a obtener informaci\u00f3n de forma r\u00e1pida y precisa, por lo que a menudo reciben informaci\u00f3n sobre los mercados m\u00e1s precisa que la disponible en otros lugares, y la reciben mucho antes que otros operadores.<\/p>\n\n\n\n<p>Sin embargo, la gran velocidad del comercio de alta velocidad, que se realiza en milisegundos, resulta desconcertante para algunos. El hecho de que la informaci\u00f3n se difunda m\u00e1s r\u00e1pido de lo que cualquiera puede ver a simple vista molesta a algunos, haci\u00e9ndoles sentir que puede ser intr\u00ednsecamente injusto e incluso ilegal.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u00bfFrenar a los Flash Boys?<\/strong><\/h2>\n\n\n\n<p>Algunos han sugerido que la SEC cree una especie de norma de neutralidad de la red para la negociaci\u00f3n de acciones. Esto significar\u00eda que todas las operaciones estar\u00edan sujetas a un l\u00edmite de velocidad que restringir\u00eda las ventajas que algunos operadores podr\u00edan tener sobre otros. La SEC ha rechazado tales l\u00edmites. La SEC teme que tal l\u00edmite ser\u00eda un retroceso y solo har\u00eda que los mercados fueran menos eficientes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Abogado mercantil en Miami<\/strong><\/h2>\n\n\n\n<p>Si necesita ayuda para comprender c\u00f3mo funcionan las inversiones empresariales y otras partes del derecho mercantil en Miami, p\u00f3ngase en contacto con los asesores legales de <a href=\"https:\/\/tclgfirm.com\/es\/\">Campbell Law Group<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>U.S. Attorney General Eric Holder recently called high-frequency trading \u201cInsider Trading 2.0.\u201d Alternatively, the director of the Securities and Exchange Commission, Mary Jo Wright, feels differently about the new stock trading practice. She has explicitly said that it is not unlawful insider trading. The contrasting ideas of two powerful Federal regulators are somewhat surprising. The [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":25253,"template":"","categories":[8,7,10,11],"tags":[],"class_list":["post-25252","blog","type-blog","status-publish","has-post-thumbnail","hentry","category-business-and-commercial-litigation","category-business-and-commercial-transactions","category-corporate-governance","category-director-and-officer-litigation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Insider Trading 2.0? - TCLG - The Campbell Law Group<\/title>\n<meta name=\"description\" content=\"U.S. Attorney General Eric Holder recently called high-frequency trading \u201cInsider Trading 2.0.\u201d\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tclgfirm.com\/es\/blog\/uso-de-informacion-privilegiada-2-0\/\" \/>\n<meta property=\"og:locale\" content=\"es_MX\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Insider Trading 2.0?\" \/>\n<meta property=\"og:description\" content=\"U.S. Attorney General Eric Holder recently called high-frequency trading \u201cInsider Trading 2.0.\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tclgfirm.com\/es\/blog\/uso-de-informacion-privilegiada-2-0\/\" \/>\n<meta property=\"og:site_name\" content=\"TCLG - The Campbell Law Group\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/businessattorneymiami\/\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-15T17:22:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tclgfirm.com\/wp-content\/uploads\/2023\/04\/tax-planning-related-insights-02.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@Campbelllawgrp\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/tclgfirm.com\\\/blog\\\/insider-trading-2-0\\\/\",\"url\":\"https:\\\/\\\/tclgfirm.com\\\/blog\\\/insider-trading-2-0\\\/\",\"name\":\"Insider Trading 2.0? 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