US Needs Tougher Laws Against Federal Stock Traders

US Needs Tougher Laws Against Federal Stock Traders
Traders work on the floor of the New York Stock Exchange (NYSE) on Oct. 14, 2022 in New York City. Spencer Platt/Getty Images
|Updated:
0:00
Commentary
The U.S. federal government has over 1.8 million civilian employees and over 1.3 million active duty military personnel. Many have access to confidential information that could be traded in the stock market to give an edge against taxpayer stock traders who pay their salaries. That’s just wrong.
Anders Corr
Anders Corr
Author
Anders Corr has a bachelor's/master's in political science from Yale University (2001) and a doctorate in government from Harvard University (2008). He is a principal at Corr Analytics Inc. and publisher of the Journal of Political Risk, and has conducted extensive research in North America, Europe, and Asia. His latest books are “The Concentration of Power: Institutionalization, Hierarchy, and Hegemony” (2021) and “Great Powers, Grand Strategies: the New Game in the South China Sea" (2018).
twitter
Related Topics