Look, I hear you on the concern about officials tipping off friends and family. That's a legitimate worry, I won't deny it. But banning their own trading doesn't stop them from whispering stock tips to their golf buddy or their cousin. That's still insider trading, and it's still illegal.
The real fix here is enforcement and real-time transparency, not taking away their right to invest their own money. We need the SEC to actually go after these cases. We need mandatory public disclosure of trades within 24 hours, not 45 days. That creates accountability without punishing everyone for the actions of a few bad actors.
A blanket ban just pushes shady behavior further underground. It doesn't solve the core problem - it just gives people a false sense that the problem is fixed.
10:09 PM