Hawley’s primary target was House Speaker Nancy Pelosi’s husband Paul, a venture capitalist who acquired millions of dollars worth of call options over the past year and a half.Īccording to a report in the Financial Times, 76% of Americans believe that members of Congress have an “unfair” advantage when it comes to trading. A total of 27 Democrats, 7 Republicans, and 1 Liberal Republican have.
The state's current senators are Republicans John Cornyn (serving since 2002) and Ted Cruz (serving since 2013). Republican Senator Josh Hawley of Missouri introduced legislation in January that would ban members of Congress and their spouses from holding or trading individual stocks. John Cornyn (R) Ted Cruz (R) Texas was admitted to the United States on December 29, 1845, and elects its U.S. Subversive Capital plans to use this data to make buy and sell decisions for components of its funds. Subversive Capital launched its first fund, the Subversive. Under the Stop Trading on Congressional Knowledge (STOCK) Act of 2012, members of Congress are required to disclose stock, bond, commodity or other securities trades valued at more than $1,000 within 45 days of the trade. Republican Congressman Michael McCaul of Texas has made more than 1,800 trades involving more than 125 million shares. Subversive Capital’s filing indicates that each fund will include a portfolio of 500 to 600 securities. Whether congressional trades and investments are equally smart remains to be seen. Subversive Capital’s funds follow the same principle as ETFs that track the investments of hedge funds: follow the smart money. Senator Mark Wall Working for you, your family. If you are looking for assistance with PPP or EIDL Loans, contacting the district office of your Representative or. Here is a chance for retail investors to act on their widely held belief that members of Congress have access to more information than the rest of us. Home About Us Blog Are you registered to Vote Contact Contact Us Let's Go. Republican Congressman Michael McCaul of Texas has made more than 1,800 trades involving more than 125 million shares. The NANC fund will track investments of Democratic Representatives and Senators KRUZ will track Republicans. The Republican tracker is the Unusual Whales Subversive Republican Trading ETF, and the ticker for this one is KRUZ. The Democratic tracker is called the Unusual Whales Subversive Democratic Trading ETF, and the ticker symbol for the fund is NANC. Securities and Exchange Commission (SEC) to launch two exchange-traded funds (ETFs) that track the reported investments of either Democratic or Republican members of Congress.
#SENATOR FROM TEXAS SMART WALL REGISTRATION#
Last Thursday, Subversive Capital Advisers filed a registration statement with the U.S.
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