Hacker News new | ask | show | jobs
by sorbits 1896 days ago
Personally I think that the conflict of interest posed by stock holding lawmakers is bigger than the advantages they gain from trading on information that only they are privy to.

For example will a lawmaker holding a large portion of their wealth in Apple shares want to introduce legislation that forces Apple to allow alternative app stores (costing Apple the 15%-30% cut of all the app store sales)?