According to the folks at the Wall St Journal After years of delay, Congress took a big step toward approving new rules to ban lawmakers from trading stocks based on information they pick up in the halls of Capitol Hill—a move aimed in part at helping repair the institution's low approval ratings.
The Senate voted overwhelmingly, 96-3, to pass the legislation, called the Stop Trading On Congressional Knowledge Act, or Stock Act. The bill now moves to the House, where Republican leaders said they would vote on it next week.
"We will quickly review the entire bill and the amendments that were added today to ensure that public servants, ...
Read more at http://online.wsj.com/article/SB10001424052970203711104577199113513037068.html?mod=WSJ_hp_LEFTTopStories
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