Re:Senators to Propose Ban on U.S. Lawmakers, Executive Bran...
by tmaly on Wednesday July 19, 2023 @01:56PM
(#36790501)
I am in finance. We are not allow to sell stock unless it is in very small windows after earnings releases have happened.
I am not sure how this proposed ban would handle cases where someone is a founder of a company that goes public? I agree the current setup is not good.
Look at how many members in Congress have made millions trading stock.
All that aside, I don't like the double standard on insider trading. I think the law should be applied equally to everyone.
I am not sure how this proposed ban would handle cases where someone is a founder of a company that goes public? I agree the current setup is not good.
Look at how many members in Congress have made millions trading stock.
All that aside, I don't like the double standard on insider trading. I think the law should be applied equally to everyone.