trade_or_bust2023 t1_j9j9x84 wrote on February 22, 2023 at 11:05 AM

surprised they aren't doing this already but this seems like a class action lawsuit waiting to happen. Great way to bust congresspeople on insider trading though.

iPigman t1_j9jp9dv wrote on February 22, 2023 at 1:38 PM

Those won't be the targets, I can assure you.

trade_or_bust2023 t1_j9mt2s6 wrote on February 23, 2023 at 2:24 AM

yeah they are probably going after money laundering. Just seems like it would be very costly and data intensive without enough benefit to be worth it but since its the government they don't really need to make profit. Imagine if they did the same thing for all bank transactions

[deleted] t1_j9k2375 wrote on February 22, 2023 at 3:40 PM

[deleted]

trade_or_bust2023 t1_j9mse1k wrote on February 23, 2023 at 2:19 AM

no there isn't its just that they seem to get away with it more. There are some members who have been indicted on insider trading. There's a 2012 stock act that purposefully targets members of congress to not trade on insider info even though insider trading was illegal already.