#国会议员交易限制 The insider trading and manipulation in the cryptocurrency market is now too serious, severely harming the interests of ordinary retail investors, who have been 🈹 taken advantage of!
Members of Congress from both parties in the United States are promoting the "Ban on Congressional Stock Trading Act," which requires members of Congress and their spouses and children not to buy or sell individual stocks during their terms, aimed at curbing insider trading and maintaining public trust in the legislative body.
This is a good thing.
This move responds to long-standing criticism of lawmakers using their positions for improper gain, reflecting the public's strong demand for political transparency and fairness. Prohibiting individual stock trading will force lawmakers to turn to more transparent investment methods, such as mutual funds or ETFs, thereby reducing the risk of conflicts of interest.
However, the advancement of the bill faces resistance, as some lawmakers may oppose restrictions on their personal financial freedom, and the implementation details and regulatory strength still need to be clarified.
If the bill passes, it will significantly enhance the ethical standards of Congress and may have a demonstration effect on the political and financial regulations of other countries.
Nevertheless, completely eradicating insider trading still requires broader regulation and cultural change.
The discussion of this bill highlights the balance between power and responsibility in a democratic system, which deserves continued attention.