The goal is to ensure that policymakers focus solely on public service without the distraction or temptation of personal financial gain enabled by access to material nonpublic information.
Insider Trading laws apply to all market participants regardless of political affiliation. This means that if anyone, President Trump included, were to trade based on nonpublic info, they would be subject to existing legal penalties enforced by the SEC.
I believe that the President of the USA should be held accountable for insider trading and should not be above the law. However to enforce this will be difficult as Trump holds massive power and the SEC Chairman is also appointed by him.
@Tiger_comments @Tiger_SG @TigerStars @CaptainTiger @TigerClub
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- Ztradee·04-30TOPCouldn't agree more. However, Pelosi is a name not likely to be seriously taken by the incumbent president. Does he even care one bit? After all, he believes he runs the country and the world.2Report
- ZhongRenChun·04-30all politicians should be banned from holding stocks and options while in office. obviously a conflict of interest. this should have been done with GWB who held defense stocks and oil stocks, then started the Iraq War.1Report
- zuma·05-01thx1Report