At a bare minimum, as long as they are in office, members of Congress, along with members of their family, need to be prohibited from buying/selling individual shares or securities. If they wish to invest, they should be (a) limited to purchasing shares of mutual funds, and (b) prohibited from selling any of those shares as long as they remain in office.
The rationale behind this proposal is to eliminate potential conflicts of interest and prevent misuse of insider knowledge, ensuring that legislative decisions are made in the best interest of the public rather than personal financial gain.
The inherent nature of these mutual funds, combined with the selling restriction, ensures that the members’ financial interests are aligned with the long-term growth, stability, and health of the greater American economy, and they are not tempted to make quick profits via insider knowledge gained from committees, lobbyists, etc.