Re:Unusual Stock Trading by Whales in US Congress
by tomcam on Thursday April 15, 2021 @03:23PM
(#26825013)
Well they aren't legally insiders because... they made the rules.
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Re:Unusual Stock Trading by Whales in US Congress
by TheCoelacanth on Thursday April 15, 2021 @03:34PM
(#26825139)
Not really, they aren't insiders because when courts interpreted the rather vague laws against fraud in the context of securities trading, they didn't interpret Congress trading based on knowledge received in their job as fraud.