Smirking Nancy Pelosi insists her husband has NOT bought stock based on any of her information
Daily MailJUN 2022
This rule change is a good start, but corporate insiders have been abusing these loopholes since the rules were adopted more than 20 years ago. Thousands of insider trades have gone unpunished, and the SEC must act boldly to combat these illicit transactions. It will take more regulation to plug a two-decade gap.
The SEC has done a great job of making the necessary change to address insider trading. The rule change marks a significant change to the previous law, and it should cut down on the exploitation of loopholes used by unscrupulous corporate insiders.