Congressional insider trading

Cite this Article
Larry Ribstein, Congressional insider trading, Truth on the Market (November 14, 2011), https://truthonthemarket.com/2011/11/14/congressional-insider-trading/

CBS is all hot and bothered about insider trading by Congress.  Steve Bainbridge is not so sure it’s illegal. Neither am I, and I question whether it should be on policy grounds (see here, first published here).  I suggest more disclosure, and reducing the opportunity for all kinds of corruption by having less law.