Insider trading
Congress benefits from crises …
The founder of trading applications says
Published
Tmz.com
Initiate trading is endemic to Capitol Hill and there must be new books on books to level the rules of the game … So says a founder of negotiation application that would lose his business if a major change occurred.
Chris Josephs Performs the automatic driver, a negotiation application that allows regular people to copy shares carried out by some of the most premonitory portfolios in the congress, and he joined us on Thursday “TMZ Live” to tell us why it is confident that the congress uses initiate information to kill on the stock market.
Nancy Pelosi And Marjorie Taylor Greene are some of the so-called initiate traders, and Chris says that politicians on both sides of the aisle like to enjoy the crises … He says that this happened when the housing bubble broke out, when Covid struck … and reproduces with President Trump prices.
Chris says that average people have invested $ 500 million in its application and that he may lose biz if he obtains his wish … But that does not prevent him from calling new laws to fight against the negotiation of initiates in Washington, DC, the problem is super important for him, and other members of the government agree on the need.
There is a law on books now, but as Chris explains … It is not an effective deterrence … and he tells us why transparency is the best policy – legislative or not – with regard to the management of portfolios.
Look at the full interview today on “TMZ Live”.