Re:Unusual Stock Trading by Whales in US Congress
by toss1 on Thursday April 15, 2021 @03:49PM
(#26825318)
Or perhaps better yet, simply make all trades public in real-time.
Trades could be scrutinized for insider trading by both the SEC and independent traders/firms, just as there are independent services scrutinizing the crypto blockchains.
Insider trading could then even plausibly be legalized by eliminating the advantage of insider trading (it'd have to be based on a lot of study of the data). If we (or other funds) can setup triggers to act on the trades of insiders as soon as they hit the wire, the market will move against them, and we can also share arguably the same advantage by doing so.
Trades could be scrutinized for insider trading by both the SEC and independent traders/firms, just as there are independent services scrutinizing the crypto blockchains.
Insider trading could then even plausibly be legalized by eliminating the advantage of insider trading (it'd have to be based on a lot of study of the data). If we (or other funds) can setup triggers to act on the trades of insiders as soon as they hit the wire, the market will move against them, and we can also share arguably the same advantage by doing so.