Posted on 07/01/2026 7:57:45 AM PDT by econjack
We have already seen that politicians will not give up the right to trade equity instruments while in office. How about requiring them to announce publicly any trades 24 hours before they make the trade. This would still let them trade in the market, but give others equal access to the information before they make the trade.
They will still fight this as it would blunt their returns, but it takes away the argument that we are denying them access to equity markets.
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Firing squad?
Great idea!
In Florida DeSantis and the legislature added a question on the form that is filled out if a candidate wants to run for Congress that’s asks if they intend to trade stocks. If they do trade stocks they have to disclose their trades. Brilliant move.
In Florida DeSantis and the legislature added a question on the form that is filled out if a candidate wants to run for Congress that’s asks if they intend to trade stocks. If they do trade stocks they have to disclose their trades. Brilliant move.
“How about requiring them to announce publicly any trades 24 hours before they make the trade.”
As long as the politicians are going to be allowed to control a trade capacity, it wouldn’t be any fairer for them to have to give away their confidentiality and ruin their trading. They are citizens also. But it is still legal, so this action would not be fair to them. If it was announced they were going to do transactions with a company the price, amount of stock, and possibly even the ability to trade it could be stymied by possibly anyone within the company.
The is no way for politicians to be taken out of the loop on possible insider information. Under the STOCK Act, members of Congress are legally prohibited from insider trading and must file transaction reports within 45 days. However, enforcement is often delayed, and members still hold and trade assets tied to their committees. So they don’t have to answer to the public until a month and a half after the transaction. However if they are not punished for the illegal trading they do what difference does it make. Ever heard of any? I haven’t. And if it is available, it is done with poor oversight.
wy69
There are currently cheap tools that people can access online that will enable them to trade and invest based on the moves of the most successful traders.
I am not familiar with those. Can you provide URL’s for them?
Auto-trade with the Pelosi Stock Tracker, or the Trump-Tracker.
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