4 ms·

They're not public, they're available covertly to people with access to the database. How much would you pay to duplicate, say, Paul Pelosi's trades? How abou

They're not public, they're available covertly to people with access to the database. How much would you pay to duplicate, say, Paul Pelosi's trades? How about getting a notice whenever someone acquires just short of the threshold amount that requires an SEC filing for a merger target?

Johnny555 3y ago
Ideally, the Pelosi family trading history would already be public information as with all congressional trades.
- mschuster91 3y ago
  Controversial take, but IMHO a person's right to privacy should exist regardless of their spouse's employment. Instead, I'd rather prefer that corporations and governments would be forced to act in the open.
  - Johnny555 3y ago
    Controversial take, but if the public is paying your salary to represent them, both you and your spouse should be under greater scrutiny so they know whose interests you're really representing. The need to disclose spousal information may dissuade some (maybe many) from public service, but that doesn't necessarily seem like a bad thing.
    - mschuster91 3y ago
      Punish corruption, violations of transparency laws and not disclosing lobbying contacts in public by a 10 year minimum prison sentence for involved persons and a 50% worldwide income fine of the parent company for involved companies, and provide a bounty of 10 million dollars + 20% of the fines levied and complete immunity for whistleblowers... It's a matter of incentives in the end, I prefer adjusting these over complicated bullshit regarding "insider" trading rules that's constantly gamed anyway because it has no real teeth attached.
toomuchtodo 3y ago
I would not pay for any of what you mention. I would simply like the information be reported and publicly available with enough latency to ensure theta decay kills any value from the trade information being made public. A delayed immutable public ledger of public securities transactions if you will. If you want to see my baskets of index funds, have at it.

Johnny555 3y ago

Ideally, the Pelosi family trading history would already be public information as with all congressional trades.

mschuster91 3y ago
Controversial take, but IMHO a person's right to privacy should exist regardless of their spouse's employment. Instead, I'd rather prefer that corporations and governments would be forced to act in the open.
- Johnny555 3y ago
  Controversial take, but if the public is paying your salary to represent them, both you and your spouse should be under greater scrutiny so they know whose interests you're really representing. The need to disclose spousal information may dissuade some (maybe many) from public service, but that doesn't necessarily seem like a bad thing.
  - mschuster91 3y ago
    Punish corruption, violations of transparency laws and not disclosing lobbying contacts in public by a 10 year minimum prison sentence for involved persons and a 50% worldwide income fine of the parent company for involved companies, and provide a bounty of 10 million dollars + 20% of the fines levied and complete immunity for whistleblowers... It's a matter of incentives in the end, I prefer adjusting these over complicated bullshit regarding "insider" trading rules that's constantly gamed anyway because it has no real teeth attached.

toomuchtodo 3y ago

I would not pay for any of what you mention. I would simply like the information be reported and publicly available with enough latency to ensure theta decay kills any value from the trade information being made public. A delayed immutable public ledger of public securities transactions if you will. If you want to see my baskets of index funds, have at it.