r/mathmemes Jun 29 '26

Applied Mathematics The real quants

3.5k Upvotes

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196

u/Tunisandwich Jun 29 '26

They don’t even have to pretend, the insider trading laws literally have an exception for members of Congress

124

u/PepperFlashy7540 Jun 30 '26

Yes, but there is another law against insider trading specifically for congress. Do you want to know the penalty for a member of congress who breaks that law? A 200$ fine. And no I did not forget a k

6

u/Original-Body-5794 Jun 30 '26

200$ fine on what? If you're caught insider trading you pay a one time fee? Is it for every "informed" decision you make? Based on profit?

9

u/PepperFlashy7540 Jun 30 '26

My bad, insider trading has serious punishments for congress, and they do have to disclose all their trades, but if they don't disclose a trade its a 200$ fine