With that being said, I do want to hear from the witnesses this morning and talk a little bit about other alternatives. Let me offer this up. Many senior executives have to have pre-clearance trades before placing them to ensure they are in compliance with their employer's code of ethics. and not trading non public information. Because I don't own any individual stocks, I would wonder if this isn't an option, would a preclearance process create transparency while still allowing members to lawfully purchase stocks to address some of the concerns that. (01:19–01:31)
CLAIM
Asserts that senior executives often require pre-clearance for trades to comply with ethics codes.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
