Scott Bessent to Advocate for a Ban on ‘Single-Stock Trading’ in Congress
Treasury Secretary Scott Bescent has announced plans to advocate for a ban on “single-share trading” among US Congress members, emphasizing that “Americans deserve better.” In a recent post on X, Bescent indicated that he would share a video from an interview with Bloomberg TV, discussing how politicians amass wealth in Washington, DC. He stated that […]
Bessent criticizes Pelosi, urges Congress to prohibit single-stock trading
Treasury Secretary Pushes for Stock Trading Ban for Congress Members Treasury Secretary Scott Bescent called for a prohibition on trading individual stocks, specifically mentioning former House Speaker Nancy Pelosi and Senator Ron Wyden during his remarks. “I’m going to start advocating for a ban on single shares because it affects the trust in the House […]
Hiccups in ETFs tracking MicroStrategy occurring as bull market fuels trading boom in single-stock funds – CNBC
Photo | Future Publishing | Getty Images ETFs that give retail investors greater exposure to individual stocks are booming. This could be an ominous sign for the market and for the funds themselves where the glitch appears. Leveraged single-stock ETFs hit a record $17 billion in trading volume on Nov. 21, according to Todd Thorne, […]