3 ms·
This is bonkers. Will they do anything about it though?
by johng 4y ago
This is bonkers. Will they do anything about it though?
- esalman 4y agohttps://www.congress.gov/bill/117th-congress/senate-bill/3494 https://www.congress.gov/bill/117th-congress/senate-bill/349...
- johng 4y agoI want the previous insider traders punished as well.
- ttymck 4y agoInsider trading is currently illegal (nominally). Congressional stock trading (not necessarily insider) would be banned by that bill, and to your point about "previous": I think it's fairly well established that laws can't be enforced retroactively: https://www.law.cornell.edu/constitution-conan/article-1/section-9/clause-3/ex-post-facto-laws https://www.law.cornell.edu/constitution-conan/article-1/sec... My point is that this bill won't help our desire to see punishment for (alleged) insider trading by congress that is already happening.