Hall, Joshua C.; Karadas, Serkan; Schlosky, Minh Tam Tammy - In: Journal of Financial Economic Policy 9 (2017) 4, pp. 450-474
Purpose Congress passed the Stop Trading on Congressional Knowledge (STOCK) Act of 2012, vesting the Securities and Exchange Commission with the clear legal authority to prosecute members of Congress (politicians) if they engage in insider trading. This paper aims to investigate whether members...