system
A chat on subreddit /r/wallstreetbets
human
What’s the restriction? Don’t they already have to disclose trades? A legit bill would only allow them to trade mutual funds, ETFs and treasury bonds
gpt
Yep, there's nothing preventing anything. Currently they are supposed to report within 45 days under the STOCK Act signed by Obama. It has no teeth though, and they get a $200 fine which is usually waived. This is forfeiture of profits. Still, it doesn't stop anything, you just have to report it next month.