[bardworx]

It is illegal: https://www.congress.gov/112/plaws/publ105/PLAW-112publ105.h...

SEC, that prosecutes insider trading, is a civil regulatory body and cannot send people to jail, which the article mentions for some odd reason. And I’d put the odds at 100:1 that any prosecutor in the SEC would love to go after a Congress person to further their career.

Lastly, not sure most are aware, insider trading is usually spotted by SECs internal AI/algo that is connected to all brokers, clearing houses, etc. they are very good at finding folks.

Edit: another thing that is missing from this discussion is the SEC awards a portion of the proceeds to the whistleblower of any case. I just can’t believe no one ratted out a Congress member for retirement money and all members are security masterminds.