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The STOCK Act (or Ethics in Government Act, actually) only requires reporting within 30-45 days of purchase/sale, so your fund will lag behind whatever market-m
by mattkrause 7y ago
The STOCK Act (or Ethics in Government Act, actually) only requires reporting within 30-45 days of purchase/sale, so your fund will lag behind whatever market-moving events they're trading on.
- personjerry 7y agoIf you copy the long term plays it could still be viable.
- foob4r 7y agoYou wouldn't know if it's long term. Day 1 - stock purchase Day 45 - reported Day 46 - you buy or not? Day 45 - stock sold Day 90 - reported Day 91 - you've already lost
- personjerry 7y agoI mean investments that are typically long term, such as LEAPS, and as an example buying them if they're still at the same price they were bought by the senator at.