Senators and Insider Trading

Steve Bainbridge reports that a few U.S. Senators (not just Hillary Clinton!) are having unusually high levels of success at picking stocks for companies that, coincidentally, they have insider knowledge on by virtue of their committee assignments. For rather obvious reasons, the SEC (the regulatory agency, not the athletic association) is not interested in dealing with this.

FILED UNDER: Congress, Economics and Business
James Joyner
About James Joyner
James Joyner is Professor and Department Head of Security Studies at Marine Corps University's Command and Staff College and a nonresident senior fellow at the Scowcroft Center for Strategy and Security at the Atlantic Council. He's a former Army officer and Desert Storm vet. Views expressed here are his own. Follow James on Twitter @DrJJoyner.