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Thread: Obama signs insider trading ban by lawmakers(edited)

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    Cardinal's Avatar
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    Re: Obama signs insider trading ban by lawmakers

    This might be the transcript of the interview I heard to the effect that the bill had essentially already been neutered in transit.

    Congress Cracks Down On Insider Trading : NPR

    Many had been hoping this bill would go even further. Craig Holman, a lobbyist for Public Citizen, says earlier versions were watered down.

    CRAIG HOLMAN: I mean, it's still a useful bill. But it omits two of the strongest and most desperately needed ethics provisions that were in the original Senate act.

    KEITH: One would have required people selling insider information about Congress to hedge funds to register, like lobbyists. Another would have made it easier to prosecute public corruption.
    Last edited by Cardinal; 04-04-12 at 03:16 PM.

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