Fresh evidence has emerged that shows members of Congress have continued to engage in insider trading – a practice that would land members of the public in jail.
Business Insider reports that new evidence has been found supporting the allegation that Democrat Rep. Nancy Pelosi (D-CA) and other members of Congress are engaged in insider trading.
For those unfamiliar with insider trading, Investopedia reports : Insider trading involves trading in a public company’s stock or other securities by someone with non-public, material information about the company. Insider transactions are legal if the insider makes a trade and reports it to the Securities and Exchange Commission, but insider trading is illegal when the material information is still non-public. The claim has been that some members of Congress – most notably Pelosi – have profited tremendously from insider, non-public, knowledge that they have obtained through their government positions.
Here is a recent example, reported […]
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