4 ms·
cannot be said enough: insider trading is legal for Congress. It should not be. Until it is illegal, congress critters will do it and there’s no point “investig
by KerrAvon 4y ago
cannot be said enough: insider trading is legal for Congress. It should not be. Until it is illegal, congress critters will do it and there’s no point “investigating” them for it because nothing will happen, because, again, __it is legal__ and nothing will actually happen to them as a result of an investigation, because there’s nothing to do about it.
We should instead be pushing congress to make it illegal to trade stocks outside of index funds controlled by outside entities. Once that’s done you could actually go after congresspeople for insider trading if they did it in the future.