- Joined
- Jun 20, 2008
- Messages
- 106,262
- Reaction score
- 97,648
- Gender
- Male
- Political Leaning
- Independent
The STOCK Act was modified on April 15, 2013, by S.716. This amendment removes the online disclosure portion of the STOCK Act, so that affected persons can no longer file online and these records are no longer easily accessible to the public. [11] The reasoning for this change was to prevent cyber criminals from gaining access to the financial data and using it against affected persons. This bill was introduced by Senator Harry Reid on April 11, 2013. It was considered by the Senate for 10 seconds and passed with unanimous consent. In the house, S.716 received only 14 seconds before being passed by unanimous consent.[12]
STOCK Act - Wikipedia, the free encyclopedia
What special data would have been posted that could have been more potentially damaging (and exploited by cyber criminals) than, say, a politician making their tax returns public? I'm genuinely curious -- the wikipedia page doesn't explain and the article already provided that rationale (more or less).