The change applies to staff, not Congressmen and Senators. The objection is actually a fairly legitimate one too, that posting financial transactions online would be a security issue.The president, vice president, Cabinet secretaries, deputy secretaries, as well as members of Congress and candidates for Congress, would still need to post their financial transactions online.
Once again folks, it is always best to read the source material as the person starting a thread might either not have read it himself, or might be lying about it. It rarely takes long to read a source and almost half the time, there are details contained within that present a somewhat different picture from what the person posting the source is presenting.
I'm curious, under the legislation, if you get your insider information from one of the exempt sources, let's say a congressional staffer, are you still guilty of insider trading or can only the congressional staffer legally screw the system?