Re:All controversial trades by Senators in the 2020 Congress...
by kortilla on Saturday June 12, 2021 @02:10AM
(#27482017)
There is no other definition. It’s not “insider trading” anymore if it’s just people with private information because anyone can come up with private information that might be useful to trade on.
An excellent weather forecaster can make a fortune in the natural gas market, could trade fruit company stock, etc. and there is nothing wrong with that.
You have a problem with Congress using their access, that’s fine. But let’s not call it something it’s not because that hurts your cause.
I think most americans are pretty uncomfortable with our leaders profiting off their own decisions and information they have access to but we don't. Those briefings were private. It's also deeply troubling that they were saying one thing, and privately doing another