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A comment on Equifax Stock Sales Are the Focus of U.S. Criminal Probe. Parent comment

Re:Equifax Stock Sales Are the Focus of U.S. Criminal Probe by whatthesmack on Monday September 18, 2017 @02:37PM (#15278346)
> Not a popular opinion, but should insider trading be legal?

Isn't this legal for members of the United States Congress? I can't recall the specifics, but seem to remember some special exemption for them from insider trading rules.

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Re:Equifax Stock Sales Are the Focus of U.S. Criminal Probe by 1mike12 on Monday September 18, 2017 @04:09PM (#15279085)
Well congress itself seems to do abnormally well on their stock portfolio. They have some absurd return beating the indices by a wide margin. http://www.huffingtonpost.com/2011/05/24/members-of-congress...
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Re:Equifax Stock Sales Are the Focus of U.S. Criminal Probe by FireBeyond on Monday September 18, 2017 @07:03PM (#15280467)
Yes, members of Congress are not prohibited from making stock trades based on information they learn in their role as a Congressional rep. This includes not just routine and public hearings, but also closed and secret/classified hearings.
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