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Comment by NoWordsKotoba | Hacker News Reader

I may have missed it, but how "real-time" are these trades? For those trades that appear to be in the last few days, how is it being tracked?

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The STOCKS Act requires trade disclosures within 30 days but the penalty is only $200 so in theory it lags at most 30 days and maybe less depending on the whims of the Rep/Senator in question. More info at the link below, there are predictably some problems with compliance and the lag means the price change they were potentially reacting to might have already happened but there are examples where it hadn't. eg: We learned about some Members dumping stocks after the confidential briefing before COVID really hit the US.

https://campaignlegal.org/update/congressional-stock-trading...

In other words, likely about 30 days delayed unless it benefits them to tell you earlier.

It's a mixed bag, quicker reporting doesn't really hurt them specifically until they're required to report them in advance of the trade because any time after it they've already made the sale/purchase so you knowing a bit sooner after the trade doesn't really affect their plays. (unless they're gambling on options I guess)

The reports are public so you can scroll through them, the most common pattern (I'm just eyeballing it I haven't found their download to graph it out properly) looks like they just do bulk reports every 30 days so you actually get a mix of old and new trades in each report.

https://www.capitoltrades.com/trades

Right, within 30 days and no later than 45 days.

Unless you're David Taylor apparently, then it's anywhere from 42 to 63 days

( based on https://www.capitoltrades.com/trades )

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