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Politician traded TSLA stock before splitting news: What's your thought?
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Revealed by congress, on March 17 Paul Pelosi, the husband of Nancy Pelosi bought $2.2 M worth of TSLA exercising 25 call options at a strik Show More
Revealed by congress, on March 17 Paul Pelosi, the husband of Nancy Pelosi bought $2.2 M worth of TSLA exercising 25 call options at a strike price of $500. To many people's surprise, this transaction was closed before Tesla announced its share splitting.This could be a pivotal turning point. According to CNBC, Nancy Pelosi and Democratic leaders have greenlighted a plan to craft legislation that would prohibit members of Congress from trading stock, and the legislation is expected to be put up for a vote this year. Two regional Fed officials have resigned earlier due to ethical concerns.
What do you think of the latest trading of Pelosi? An unfair game or not worth mentioning?
Reward: leave your comment before April 7, and 6 mooers will win 600 points! (based on originality and quality)
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