Date of Graduation
5-2023
Document Type
Thesis
Degree Name
Bachelor of Science in Business Administration
Degree Level
Undergraduate
Department
Finance
Advisor/Mentor
Ward, Ryane
Abstract
The United States Congress has involved itself with the financial regulation of big business for decades. The legislative body has passed a multitude of laws over time which foster greater transparency and trust between individual investors and big business. Until recently, legislators have avoided passing laws which regulate their own financial activity. Recent investigations revealing that dozens of federal lawmakers have violated financial disclosure laws and made stock trades on insider information has successfully angered the public and forced Congress to consider tighter restrictions. But can Americans trust their legislators to effectively regulate themselves? If no legislative action is taken, can the market adapt to the information asymmetry? This analysis explores the potential solutions to insider trading proposed in the halls of Congress, in other arenas in Washington, and beyond. In surveying the various approaches, one proposed bill stands out as likely to make the greatest positive impact in regulation of the financial activity of government officials.
Keywords
financial regulation; insider trading; securities law
Citation
Levy, H. (2023). Cost of Capitol: Analyzing Congressional Insider Trading Regulation. Finance Undergraduate Honors Theses Retrieved from https://scholarworks.uark.edu/finnuht/111
Included in
Business Law, Public Responsibility, and Ethics Commons, Finance and Financial Management Commons, Securities Law Commons
