[Bedon292]

I totally agree that they shouldn't trade stocks. Put it in a blind trust or something. There is all sorts of bias there in regulations or lack thereof. But what you have still not presented is evidence that inside information has actually been used to make those trade. Is it possible? Absolutely. But where is the proof behind your accusations? I have yet to see anyone produce actual proof, just speculation.

Trading on information from a private meeting with a CEO is textbook insider trading, and whoever does that absolutely can get charged for that.

Now if someone were to know they are about to introduce major legislation to regulate tech companies, and trades on that information before doing so. That absolutely is wrong, and should be illegal. But unfortunately it isn't. And I doubt they will actually end up regulating themselves.

[harry8]

The onus is on a person with privileged information to show that they did not use that information to inform their trades. This is why the CEO can't trade whenever s/he feels like it, for example. "You can't prove I used inside information." To which the attitude is, sure, so what? You had access to it, you traded, get a lawyer. "Sure the CEO told me they were about to be acquired but you can't prove I used that information when I invested a few million in their company." And you really can't prove it yet prosecutions occur.

Pelosi and plenty of others have material, non public information. They and their partners trade knowing that material, non-public information. They make rather good returns, better than you. Better than your retirement savings. It STINKS to high heaven. Focus on that part and reforming it. It's not partisan it's not ok if you're an independent.