Can we not forget about this??? Inside trading is bad enough... worse still when they're front-running a deadly pandemic. https://www.theguardian.com/comment...insider-trading-are-a-symbol-moral-bankruptcy
Just accept it. The issue is adressed all the time but they would be stupid to give up that privilege. They are frontrunning every micro and macro event there is. Also their "advisors". So if you want to have your money managed, make sure the CTA/advisor has congress people as clients...because it's not illegal to piggyback an insider trade
re correct unless the law has changed. Martha Stewart was never convicted of insider trading. https://www.uakron.edu/dotAsset/727990
It really frustrates me. I work so hard to get even a small edge: reading, studying, coding... and to see these officials rake in money by front-running the news is discouraging. It's a little easier to swallow with JPM or Citadel or the like. I don't expect investment bankers to have angels wings... but elected officials?
Have you ever studied why insider trading is justified and all laws relating to insider trader should be eliminated?
It's the way of the world boy. What's power if you can't flex it? More in this same vein... https://dcist.com/story/15/08/19/ashley-madison-leak-includes-22-dc/