Chapter
Clips
The speaker discusses the conflict of interest in trading stocks for individuals working in regulatory bodies, such as the SEC and regional Fed, who may have access to insider information.
53:19 - 57:13 (03:53)
Summary
The speaker discusses the conflict of interest in trading stocks for individuals working in regulatory bodies, such as the SEC and regional Fed, who may have access to insider information. He argues that this may create a perception of impropriety, even if they are not actually breaking any rules.