Not at all. If a certain law does not solve the intended problem and it poses costs on innocent bystanders (e.g. website administrators who are not involved in any illegal activity), then it might need to be reconsidered. The equivalent attitude would be: Requiring everyone shit in the sink and wash their hands in the toilet is not going to solve insider trading, so we should not make that a requirement. "So what, you support insider trading and letting people profit off private company information?" No, not at all. I just want to shit in the toilet and wash my hands in the sink. It won't make a difference to insider trading either way.