“Membership in Congress is a choice. It carries obligations private citizens do not share. Members must divulge private financial information and follow ethics rules that proscribe some activities, which are otherwise perfectly legal.”

We wrote those words nine years ago to shame members of Congress who were habitually beating the market with their stock trades. We argued that it is improper for members of Congress, given their unfortunate and undue influence over markets, to own individual stocks at all — that they should settle for diversified mutual funds that follow the market broadly.