Re: Insider trading - Congress
in response to
by
posted on
Jul 06, 2012 12:22PM
MIKE6553 wrote "PS... Congress can freely trade on insider information"
Not true. The "STOCK" Act was passed in late March.
http://www.nytimes.com/2012/03/23/us/politics/insider-trading-ban-for-lawmakers-clears-congress.html
It was signed into law by the President on April 4th - 3 months ago.
http://www.csmonitor.com/USA/Latest-News-Wires/2012/0404/Obama-signs-STOCK-Act-banning-insider-trading-by-members-of-Congress-video