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Friday, September 27, 2024

U.S. Politician returns with ultra suspicious stock trades

U.S. Politician returns with ultra suspicious stock trades

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The Stop Trading on Congressional Knowledge (STOCK) Act was passed in 2012 and was aimed at preventing using non-public knowledge to obtain private profit and requiring U.S. politicians to disclose their trades and holdings.

Over the years, there have been multiple violations of this bill, usually by politicians who filed their trades after the 45-day mandated period. However, there have been cases of more serious offenses where it had been suggested that politicians used insider information to obtain unfair advantage and unlawful profit.

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This post was originally published on this site

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