5 ms·
Let them trade whatever they want — but publish their trades and delay execution for 48 hours.
by bhickey 2y ago
Let them trade whatever they want — but publish their trades and delay execution for 48 hours.
- tracker1 2y agoYeah, 24-48 hours advance notice would be a better option IMO, then anyone could follow along. Hell, you could have funds based on congressional trades.
- pc86 2y agoThere already are multiple ETFs and other trackers that follow Congressional trades. If you use Autopilot (no affiliation) it will even update your holdings every time the targeted people change their investments.
- tracker1 2y agoBut that is still a month and a half delay, depending on how well reporting is. Likely well after what ever money making event occurs.
- bguebert 2y agoI think a company came out with ETFs for this already. Nancy Pelosi and the democrats have one called NANC and Ted Cruz and the republicans have KRUZ.
- willcipriano 2y agoThey don't have to report until months after the trade in practice (nothing happens when they do it late) and something like a month after in law.