STOCK Act advances in the Senate, page 1

congressional insider trading."


By a vote of 93 to 2, the Senate agreed to proceed with debate on the Stop Trading On Congressional Knowledge, or STOCK Act. The legislation specifically prohibits federal lawmakers from trading stocks based on nonpublic information they have obtained in the course of their congressional work.

CBS news SOURCE

The issue of "insider trading" in Congress came to the fore after a piece on CBS News' "60 Minutes" shed new light on the matter, and in his State of the Union address, President Obama called on members of Congress to send him "a bill that bans insider trading by members of Congress; I will sign it tomorrow."

same source

so the first in many of bills required to remove undue influence on politicians,
the stock act makes it a crime to trade on insider information or privledged information gathered while serving the american public in office,

i hope this passes followed by an anti lobbying act,
and the repeal of citizens united.

for a republic to function the representitives MUST be beyond reproach



this STOCK ACT is the first of many people driven acts to be drawn up at the moment, for the benifit of people and democracy in your democratic republic.

i thank the honesty of the congressman who brought this bill to the floor,
(not an indorcement of acual congressman)

watch this space ATSers

xploder

I've already got this going on on over in the Breaking News Section! Great minds think alike!

Originally posted by MystikMushroom
I've already got this going on on over in the Breaking News Section! Great minds think alike!

oops
thanks man
mods if you would


xploder

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