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Allowing politicians to trade stock is unusual in the "weird" sense. But certainly not unusual in the "uncommon" sense, see (1) from 3 months ago. Insider trad
by latch 5y ago
Allowing politicians to trade stock is unusual in the "weird" sense. But certainly not unusual in the "uncommon" sense, see (1) from 3 months ago.
Insider trading laws are awful, specifically because they only restrict a specific group of people with "insider" knowledge from trading. Removing information removes efficiency (especially when you selectively pick who can act on the information).
(1) https://news.ycombinator.com/item?id=26821601 https://news.ycombinator.com/item?id=26821601