Capitalism actually thrives where there is only 1 regulation: total transparency. After all, if we go by the classic definition of free market competition we have customers who have perfect knowledge of every product and the products are very similar and etc. etc.
Who cares if someone at the WH does insider trading? In a transparent system people would be able to trace back every transaction and realize something is brewing and they could act accordingly.
By the time you copy their positions, they've made their money.
In theory of course, them being blatantly and obviously corrupt would hurt them at the ballot box. In practice, this is not really something at moves the needle in American politics.
I will leave it to big investors with supercomputers connected directly to the exchanges to eat away at the potential profits of even the slightest insider trading activity automatically
who cares? I care, I want insider traders to go to prison for multiple years. That's not a free market, that's a market of those who know things to manipulated the rest of the market into never ending pump and dump schemes.
Who cares if someone at the WH does insider trading? In a transparent system people would be able to trace back every transaction and realize something is brewing and they could act accordingly.