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by abeppu 1798 days ago
> Index funds okay, specific stocks or perceived competition, no.

I think for people in high office, even controlling when to move in or out of index funds is also inappropriate. Congress has both information and makes choices which have broad impact across the economy.

But to your first point, that this "doesn't actually look suspicious", I'll only mention that classic "indicators of suspicion" in a criminal context are motive, means and opportunity, all of which seem to be present.

But to broaden the conversation, the main implied concern is did she profit through use of non-public information. While I think that's a worthy concern, I think perhaps the more important one is whether the holdings of congress overall tilt the policies they enact. This extends beyond stocks (where even members who are limited to index funds may be disinclined to, e.g. push for limits or rules surrounding buybacks etc), to areas like how real estate holdings impact housing policy stances.