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Because: > Trades executed by lawmakers or their families must be disclosed within 45 days of execution Is probably an issue (it's it's actually insider tradi
by qwytw 3y ago
Because:
> Trades executed by lawmakers or their families must be disclosed within 45 days of execution
Is probably an issue (it's it's actually insider trading).
People do track it, though:
https://www.capitoltrades.com/politicians https://www.capitoltrades.com/politicians
- ada1981 3y agoAs in they need to announce them 45 days before they make them? Or 45 days after?
- dmoy 3y agoAfter
- deleted 3y ago[deleted]
- zinglersen 3y agoAfter.
- ada1981 3y agoWe really ought to make them disclose them in advance like CEOs.
- dmoy 3y agoI would be 100% supportive of all congresspeople being required to file 10b5-1 plans in advance for the whole year, for any stock holdings
- ada1981 3y agoRight, they still get legally protected insider trading otherwise. The public ought to benefit from the same insights and info. And if a trade disclosure would be considered a threat to national security for some reason, you don’t make the trade.
- ada1981 3y agoHas anyone calculated how much $$$ has been made by Congress folks due to this type of trading?