When serving in a position of public trust no Representative of the people should be allowed to trade in stocks. The improprieties that that creates compromise the legislative process and infect the Congress with unwarranted influence. The ability to trade with insider information is impossible to avoid when serving in the Congress. Here is an overview of the bill, and the information around it.
https://nypost.com/2022/01/08/jon-ossoff-could-snub-nancy-pelosi-with-ban-on-congress-stock-trades/
The bill is going to demand that congress members put their money in a blind trust... Which is something Senator Jon Ossoff has personally done. Much respect for the guy.
The worst example of insider stock trading is Nancy Pelosi of course here is just one example...
https://nypost.com/2021/12/30/nancy-pelosi-buys-call-options-for-google-disney-stocks/?utm_source=twitter_sitebuttons&utm_medium=site%20buttons&utm_campaign=site%20buttons
Remember, Pelosi and AOC got into a spat about this.
https://www.businessinsider.com/ocasio-cortez-pelosi-no-reason-members-congress-trade-individual-stock-2021-12
AOC said congress should not trade in stocks because "We write major policy and have access to sensitive information" and she is absolutely correct.
Here is a good article on the 4 senators who privately sold stock before the Covid Pandemic started, even while they were telling their constituents everything was going to be fine. Republican Kelly Loeffler. Is the worst example of the 4.
