Alright, let's be real here—this whole "ban them from trading" thing sounds good in theory, but it's a mess in practice. You can't just pretend that forcing someone to sell everything they own is a small ask. It's a massive financial hit. And for what? To fix a problem we already have laws for.
Look, I'm all for stopping insider trading. I'm not against ethics rules. But the answer isn't a blanket ban—it's enforcement. We need better oversight, maybe real-time disclosure, and actual penalties when someone breaks the rules. That targets the bad actors without punishing everyone else.
And here's the thing: blind trusts already do exactly what you want. Officials can put their assets in one and they don't know what's being traded. So the fix exists. Let's use it instead of making government even less appealing to normal people with careers.
03:35 AM