Private equity groups have been bodyslammed by the SEC into regulations that require "governance" oversights for all personal, active investments to ensure they

Private equity groups have been bodyslammed by the SEC into regulations that require "governance" oversights for all personal, active investments to ensure they're not in conflict with their investors So EG - making a private investment or specific stock investment - has to be precleared by a compliance officer for conflicts And these are backed up by SEC "teeth" if compliance officer doesn't enforce that policy rigorously It adds beaurocracy, but it's straightforward enough that it's not a major impediment Like "Oh hey you're on a committee that is going to determine AI policy? Seems like probably that's a conflict." Nancy could still make the trade by investing in a non-controlled investment, or tech-heavy index fund. But probably not just write a check into NVIDIA. While private industry is full of shenanigans I remain perplexed that gov't insiders - who don't just profit from these trades - but can actually influence policy - have virtually no hoops other than "after the fact" reporting (edit - actually I'm not perplexed at all, I'm just depressed about the reality of gov't accountability)