Re:Congressional lawmakers 47% pts better at picking stocks
by hopelite on Wednesday December 03, 2025 @12:08PM
(#46137017)
Or maybe if they do trade, their trades have to be on a month long delay. The transparency should take out any corruption on the duration and it will incentivize their investment on long term gains and allow the public to also participate and make their insider knowledge.
The current lag timed reporting requirement is a decent start, but fact of the matter is that it still allows Reps to take advantage of insider knowledge to profit and thereby basically be bribed in circuitous ways not really all that different than a mobster/teamster accidentally leaving behind a suitcase of cash after they dinner party the politician invited him to, just even more obfuscated and structured.
The current lag timed reporting requirement is a decent start, but fact of the matter is that it still allows Reps to take advantage of insider knowledge to profit and thereby basically be bribed in circuitous ways not really all that different than a mobster/teamster accidentally leaving behind a suitcase of cash after they dinner party the politician invited him to, just even more obfuscated and structured.