Sure, we should ban all insider trading of any kind; including people in congress which have done this repeatedly without any consequences.

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Jcampuzano2 11 hours ago | parent [-]

They should be banned from trading or accepting any money whatsoever and be forced to divest from all assets.

And then to compensate they should be paid more in terms of salary, even if that salary seems absurdly large it would be less than most of them gain from the insider info they use to make deals.

Take the median income, multiply it by 5-10 and thats their salary.

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fhdkweig 6 hours ago | parent | next [-]

There could also be a requirement for them to buy and hold (for a predetermined length of time) broad index funds that match the US Total Stocks and US Total Bond markets. They would only make money if the US as a whole makes money. It would certainly help with aligning motivations.

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vidarh 11 hours ago | parent | prev [-]

The problem is that it is still to make vague promises of future income to buy them. E.g. speaking fees.

	▲	XorNot 6 hours ago \| parent [-]
		Making better the enemy of best is a sure path to failure. "Speaking fees" and deferred income are very different from being able to bank the profits tomorrow morning.