5 ms·
I have submitted an insider trading complaint to the SEC, https://www.sec.gov/tcr https://www.sec.gov/tcr In their list of categories describing the person bei
by a3n 7y ago
I have submitted an insider trading complaint to the SEC, https://www.sec.gov/tcr https://www.sec.gov/tcr
In their list of categories describing the person being reported, Member of Congress is not included.
In their list of categories describing the reporting person, Member of Congress is included.
Huh.
- dugmartin 7y agoI believe congress is exempt from insider trading laws. Edit: looks like I was wrong. Thanks for the links.
- a3n 7y agoI don't think so. Most recently there was a congressman from an east coast state convicted of same or at least similar, as I recall. I might recall incorrectly.
- tanderson92 7y agoChris Collins (R-NY).
- frizkie 7y agoAccording to the STOCK Act of 2012 [0], members of Congress are not exempt from insider trading laws. 0: https://en.wikipedia.org/wiki/STOCK_Act https://en.wikipedia.org/wiki/STOCK_Act
- jjeaff 7y agoAnd check out the only 3 senators that voted against the stock act... that's right, this guy is on of them.
- chrisbennet 7y agoThey were (exempt) but they passed a law to make it illegal though I believe they watered down. Previous to the law it wasn't illegal for them to do insider trading.
- deleted 7y ago[deleted]