don't shit the bread
eec8f2 (13)
In mid-November 2011, CBS’ 60 Minutes ran a story alleging that Members of Congress were using insider information to benefit on stock trades. The story provoked a furor among the public, leading to the enactment of the STOCK Act, which President Obama signed into law on April 4, 2012. The act had several effects, but the most notable was that it explicitly stated that Members and congressional employees “are not exempt from the insider trading prohibitions arising under the securities laws…” (§4(a)). Additionally, it amended the Securities Exchange Act of 1934, to specify each Member or employee “owes a duty” when in receipt of “material, nonpublic information” obtained as a result of their public office (§4(b)(2)).
Although the STOCK Act amended the Securities Exchange Act of 1934, in the lead up to its enactment, there was some debate over whether Members and staffers were exempt from anti-insider trading law. For instance, in February 2012, when the House passed the STOCK Act, Representative Rob Woodall of Georgia said, “The STOCK Act has been characterized … as to prevent insider trading by members of Congress, as if members of Congress are allowed to participate in insider trading today, and they are not.”
https://www.conginst.org/2018/08/16/can-members-of-congress-engage-in-insider-trading/
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there is the rule and then there is no enforcement of it. Which has not happened for years prior to this anyway.
Toothless regulation
https://www.conginst.org/2018/08/16/can-members-of-congress-engage-in-insider-trading/
Dorsey, Hastings, Sandberg have all been dumping too.
These are not part of trading plans
Not routine. We have comped bakers during the day when these are originally posted so when it comes up again I tag.
They certainly can amend trading plans but these amounts are not normal at all.
CSX for example was dumped by Mantle this week..$305b is not a normal pattern
f01ad5 (2)
Wrong.
This is not normal but keep trying to push it aside. I know what you are doing.
If you have any experience then you will know that these amounts are irregular.
They have pushed the markets up so this can be done.
Dorsey has sold every share that he has registered for sale already.
You don't think he is important?
Reed Hastings or Marc Benioff.