Originally posted on Quora September 14, 2022
Source: The Free Thought Project
3700 trades reported by 97 legislators just happened to coincide with committee work on the same companies they held equity in while 13 traded stocks of companies under investigation by the committee they served on. The Stock Act, passed to supposedly stop insider trading, only requires them to report these trades within 45 days. If they actually cared about stopping insider trading they would require all legislators to place their portfolios in blind trust.