David Purdue insider trading scandal?
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I've been told that "insider trading" is not illegal for members of Congress.
If true, it's certainly unethical, and it's certainly not unusual.
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I've been told that "insider trading" is not illegal for members of Congress.
If true, it's certainly unethical, and it's certainly not unusual.
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@George-K 291, enacted April 4, 2012) is an Act of Congress designed to combat insider trading. ... The law prohibits the use of non-public information for private profit, including insider trading by members of Congress and other government employees.
@kluurs said in David Purdue insider trading scandal?:
@George-K 291, enacted April 4, 2012) is an Act of Congress designed to combat insider trading. ... The law prohibits the use of non-public information for private profit, including insider trading by members of Congress and other government employees.
I was unaware of that law.
https://www.congressionalinstitute.org/2018/08/16/can-members-of-congress-engage-in-insider-trading/
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I thought most of these guys had it in a "blind" investment so they dont know exactly what they have, and what is sold and bought.
If they dont, they should.
As I say in the other thread - it never amazes me how out of touch politicians are.
