3 ms·

You know she has advisors, right?

• PUSH_AX 3y ago
  I think the insinuation is insider trading due to the timing, advised or not.
• jjtheblunt 3y ago
  Ignoring the snark: Obviously. SEC put Martha Stewart in jail for following her advisor, and that was for about $45,000.
• samatman 3y ago
  If someone "advises" you that a company is about to do something major, and this isn't public information, and you take action on the stock market accordingly, that's insider trading.
  • science4sail 3y ago
    US Congress members are generally immune from insider trading laws
    • jjtheblunt 3y ago
      By law they’re not protected at all since 2012. But SEC curiously seems to ignore them, and congresspeople are experts in exercising loopholes in SEC regulations. https://en.wikipedia.org/wiki/STOCK_Act https://en.wikipedia.org/wiki/STOCK_Act For instance, Pelosi in the Databricks case gets to purchase significant shares at pre-IPO prices, which is a thing that shouldn't even exist.