...quand on apprend qu'elles ne s'appliquent pas aux membres du Congrès ni du Sénat!! Quelle blague!!
The Astounding Trading Abilities Of Congress | Benzinga.com: "According to a fascinating, and disturbing, article posted at Minyanville today, members of Congresshave an extremely impressive investing and trading track record. Furthermore, the implication is that they are able to achieve 'abnormal returns' due to insider trading, which is NOT prohibited for Senators and members of the House of Representatives and their staff.
Specifically, 'the Securities and Exchange Act does not apply to members of Congress, according to Craig Holman, legislative representative at government watchdog group Public Citizen.'
“Any inside, non-public knowledge they gain can be acted upon,” Holman told Minyanville. “Some of the stories are just… breathtaking.'
A new study titled 'Abnormal Returns From the Common Stock Investments of Members of the U.S. House of Representatives' published in the journal Business and Politics reveals that 'a portfolio that mimics the purchases of House Members beats the market by 55 basis points per month (approximately 6% annually).'"
Kirzner Reviews Rothbard
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