An interesting legislative battle has developed in Congress over a bill aimed at prohibiting "insider trading" by members of Congress and their staffs based on nonpublic information acquired in the performance of their official duties. This restriction, if passed, would close an astonishing loophole whereby members have been able to profit from stock trades motivated by inside information about pending legislation.
TheLegalIntelligencer.com
View this post on my blog: http://onlinefindlawyers.com/find-lawyers/commentary-the-stock-act-working-to-close-an-egregious-loophole.html
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