Re:Unusual Stock Trading by Whales in US Congress
by giantg2 on Thursday April 15, 2021 @02:38PM
(#26824499)
"personal policy position"
Once she announces it in the media, wouldn't it be a professional policy opinion? CEOs are similar. They can believe what they want, but what they say to the media can be punished (like Elon was). The real sticking point is how is she of one opinion then flip to the complete opposite the next day without giving a reason. If they have to report their intended trades then it could avoid this short term play.
Spouses and household members are held to the same restrictions as the regulated individual, regardless of the conversation or not. The only reason it's hard to prove is because they are in a position of power. The SEC would jump on any normal people doing the same thing.
Once she announces it in the media, wouldn't it be a professional policy opinion? CEOs are similar. They can believe what they want, but what they say to the media can be punished (like Elon was). The real sticking point is how is she of one opinion then flip to the complete opposite the next day without giving a reason. If they have to report their intended trades then it could avoid this short term play.
Spouses and household members are held to the same restrictions as the regulated individual, regardless of the conversation or not. The only reason it's hard to prove is because they are in a position of power. The SEC would jump on any normal people doing the same thing.