In a co-authored op-ed, Professor Marti Subrahmanyam calls for legislative changes to prevent insider trading by public officials
— April 19, 2020
Excerpt from The Hill -- "Is trading by Congress illegal? Should members of Congress be allowed to trade financial securities that are sensitive to private information? The “coronavirus trades” made by Sen. Richard Burr (R-N.C.) and his wife just prior to the March ’20 market crash raise these questions and signal the need for changes to the law. Some proposals go as far as banning stock trading by members of congress outright. The other extreme is to allow full discretion. The right solution is in between: Only allowing public officials to trade securities based on broad market indices."