4 ms·
I am in finance. We are not allow to sell stock unless it is in very small windows after earnings releases have happened. I am not sure how this proposed ban
by tmaly 3y ago
I am in finance. We are not allow to sell stock unless it is in very small windows after earnings releases have happened.
I am not sure how this proposed ban would handle cases where someone is a founder of a company that goes public? I agree the current setup is not good.
Look at how many members in Congress have made millions trading stock.
All that aside, I don't like the double standard on insider trading. I think the law should be applied equally to everyone.
- olliej 3y agoI think the answer is "if you are a founder of a company going public (or any business), you shouldn't be in office". This is the requirement the GOP had for Jimmy Carter.