Well the legislation has hit a snag as usual. Eric Cantor is blocking the STOCK Act which is a bill to stop congressmen from legally doing insider trading.
Originally Posted by poweRob
The STOCK Act, introduced by Reps. Louise Slaughter (D-N.Y.) and Timothy Walz (D-Minn.) would ban members from insider trading, and has garnered almost 250 cosponsors in the House. Similar bills have been introduced in the Senate. House Majority Leader Eric Cantor (R-Va.) has recently put the brakes on the legislation, saying he thought it was proceeding to quickly.