Comment on Biden’s Budget Calls for Tax Increases on Corporations and the Wealthy
sonori@beehaw.org 10 months agoThe problem is it’s typically their families that do the stock trading, and i you can’t extend employment contracts to unrelated parties. Even if you did do it with a law, people will still talk with their friends. This is part of the reason why insider trading is so difficult to prosecute and enforce outside of the blinding obvious.
DogPeePoo@lemm.ee 10 months ago
But I think you have to do it anyway— with the threat of investigation and prosecution for the sharing if insider information.
Right now it’s tacit approval.
Every 2 years it’s talked about banning trading for them to appease the public, then a long delay, then nothing occurs.
They are robbing retail’s money in plain sight.
sonori@beehaw.org 10 months ago
Ohh no, they should ban it. I just don’t expect it to do anything.
DogPeePoo@lemm.ee 10 months ago
Yes— thank you. I’m tired of their nonsense. It’s completely unethical.