3 ms·

I believe congress is exempt from insider trading laws. Edit: looks like I was wrong. Thanks for the links.

• a3n 7y ago
  I 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 ago
    Chris Collins (R-NY).
• frizkie 7y ago
  According 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 ago
    And check out the only 3 senators that voted against the stock act... that's right, this guy is on of them.
• chrisbennet 7y ago
  They 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]