Selling a stock immediately before legislation passes that drops the stock is obviously insider trading. In fact a lawmaker buying or selling any stock before news of legislation that affects that stock is public is insider trading. We don’t even need new laws, just enforcement of existing law.
Where is the SEC?
When we fail to hold the wealthy and powerful to the same standards as everyone else it makes a mockery of justice.
When we fail to hold the wealthy and powerful to the same standards as everyone else it makes a mockery of justice.