Re:All controversial trades by Senators in the 2020 Congress...
by chii on Sunday June 06, 2021 @12:00AM
(#27410688)
> used insider information well, it's whether they used insider information at all.
it'd be impossible to detect inaction as a result of insider info. For example, if someone were originally planning on selling, but based on some insider info, changed their mind to not do anything.
So - the point i'm trying to make is that if they _profited_ from insider info, rather than just merely utilizing it, then it should be prosecuted. But if they are stupid and did the "wrong" thing with insider info, i don't see why there needs to be any effort trying to prosecute. They got their just punishment by losing money already.
it'd be impossible to detect inaction as a result of insider info. For example, if someone were originally planning on selling, but based on some insider info, changed their mind to not do anything.
So - the point i'm trying to make is that if they _profited_ from insider info, rather than just merely utilizing it, then it should be prosecuted. But if they are stupid and did the "wrong" thing with insider info, i don't see why there needs to be any effort trying to prosecute. They got their just punishment by losing money already.