Re:Pelosi defends stock trading by lawmakers. ‘We are a free...
by sneak on Thursday December 16, 2021 @03:47PM
(#29583690)
> They should not be able to act upon material non public information.
That's not what insider trading is, though. Insiders are, well, inside.
If you come across non-public information as an outsider, you are of course free to trade on it. Congresspeople are, theoretically, at odds with companies (as they impose regulation restraining those companies) and it's hard to view them as having a duty of any kind to the company itself.
That's not what insider trading is, though. Insiders are, well, inside.
If you come across non-public information as an outsider, you are of course free to trade on it. Congresspeople are, theoretically, at odds with companies (as they impose regulation restraining those companies) and it's hard to view them as having a duty of any kind to the company itself.