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- Joined
- Feb 19, 2002
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Can't argue with either. At least there won't be any way around term limits. I wonder how the SEC can control the insider trading issue. When I worked for an investment management company, I was registered with the SEC because I was not allowed (nor my husband either) to have a personal investment account because technically I had inside information on what WIS was planning to buy and sell. I could only have a managed account with my employer and they did all my trades based on their "approved list". The investment team decided on all securities that they would buy for clients and which they would sell. If you moved an account there, you could tell them to not sell your IBM but unless IBM was on the approved list, they would never buy more.I think Term Limits and limits on investments while serving could be 2 big part of cleaning up politics