ST Alpha - "Did we discuss the EFTs coming that will mirror politician's stock trades? NANC and KRUZ are the two funds. " (Reading a Post)

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Did we discuss the EFTs coming that will mirror politician's stock trades? NANC and KRUZ are the two funds.

Posted by colin (aka colinski) Oct 4 '22, 12:08

This is an interesting move. It makes it much more public how they are trading given the sensitive data they are running. My understanding is that these funds should outperform just about anything else because the information driving them is unparalleled in the financial world.

And hopefully this will help with the push to make it illegal for representatives to continue trading stocks.

https://www.bloomberg.com/news/articles/2022-09-15/etfs-that-track-stock-trades-of-us-congress-members-planned (www.bloomberg.com)

Responses:

Lol. -- nm - znufrii, official Gen-Xer Oct 4, 12:40
Politician NFTs in 3..2..1 -- nm - budice Oct 4, 12:18 1
- … -- (link) - znufrii, official Gen-Xer Oct 4, 15:58
The 45+ day delay after the trades would seem to make these a really questionable investment... -- nm - Ender Oct 4, 12:12 4
- they have often made trades well ahead of sessions based on information they know may be passed into law. they're not day trading. -- nm - colin Oct 4, 12:38
- That they are NFTs do that already. -- nm - Qale Oct 4, 12:30 2
  - ETF, not NFT. -- nm* - Ender Oct 4, 12:39 1
    - nm -- nm* - znufrii, official Gen-Xer Oct 4, 12:40

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Did we discuss the EFTs coming that will mirror politician's stock trades? NANC and KRUZ are the two funds.

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