I may be wrong, but I seem to recall that members of congress were specifically exempted from insider-trading laws, since they make laws that can influence markets... and it's an exemption they take advantage of and guard jealously.
This is one of my biggest problems with govt. How is it that we the people are not able to introduce a bill that prevents Congress and their families from trading AT ALL, while serving the public? Makes me angry.
The fact that they can do it, throws it right in your face. Its literally a license to steal. Trust me on this, all the big deals are through family. The fact that they do their own is just a decoy.
I may be wrong, but I seem to recall that members of congress were specifically exempted from insider-trading laws, since they make laws that can influence markets... and it's an exemption they take advantage of and guard jealously.
which should be illegal. youd get better law and a lot less power hungry people
This is one of my biggest problems with govt. How is it that we the people are not able to introduce a bill that prevents Congress and their families from trading AT ALL, while serving the public? Makes me angry.
you are also not allowed to do insider trading yourself
The fact that they can do it, throws it right in your face. Its literally a license to steal. Trust me on this, all the big deals are through family. The fact that they do their own is just a decoy.