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How strong is the STOCK act, really?
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It was a feel-good law to "prove" to the American people that Congress was taking concerns about their insider trading and conflicts of interest seriously. It has as much bite as my 14-year-old toothless shih tzu did.

As you noted despite the initial subject of the article being a Democrat, this law and the other financial reporting laws, have abusers on both sides of the aisle.

No federally elected official or immediate family member should directly own individual stocks. Any financial holding (personal home exempted) should be placed into a blind trust for the duration of their federal service. That's not likely to happen though
 

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RE: How strong is the STOCK act, really? - pally - 08-08-2023, 10:05 AM

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