In 2011, a CBS investigation blew the lid off of one of Washington's most poorly-kept secrets: members of Congress were routinely exploiting legal loopholes to engage in insider trading and line their own pockets — a criminal offense for regular citizens. In the ensuing public outrage ...

The good folks at CNN were kind enough to have me on this morning to discuss the latest Congress insider trading revelations.. To wit: In addition to trading for their own accounts with private information gleaned from their jobs, our Senators and Representatives regularly meet privately with hedge funds who then use what they learn about impending legislation to cash in.

Congress: Trading stock on inside information? ... at least 93 members of Congress have signed on as cosponsors of the Stock Act, and for the first time the bill has been introduced in the Senate ...

In November of 2011, the TV show 60 Minutes did a big expose on insider trading within Congress.While everyone else is subject to basic insider trading rules, it turned out that members of ...

Now, the Senate is trying to restore a measure of trust by passing legislation to ban insider trading by lawmakers. Insider trading laws apply to all Americans. But CBS' "60 Minutes" reported in November that members of the House and Senate get a free pass and that some lawmakers legally used knowledge from their official work to make money in ...

Apr 16, 2013 · How Congress Quietly Overhauled Its Insider-Trading Law : It's All Politics With no fanfare, Congress moved to undo large parts of the popular law known as the STOCK Act, and President Obama has ...

Yes, this behavior may be technically legal, because of an absurd loophole that makes insider-trading rules not apply to Congress. Yes, this behavior may be widespread on Capitol Hill. But there is no universe in which a reasonable person would consider this behavior ethical or okay.

Insider Trading in India is an offense according to Sections 12A, 15G of the Securities and Exchange Board of India Act, 1992. Insider trading is when one with access to non public, price sensitive information about the securities of the company subscribes, buys, sells or deals, or agrees to do so or counsels another to do as principal or agent.

Dec 22, 2018 · Insider trading, sexual harassment and other scandals that rocked Congress this year. From insider trading to using taxpayer money to quiet sexual harassment allegations, lawmakers in 2018 faced ...

Congress attempted to prevent legislators from insider trading with the 2012 STOCK Act, which prohibits members and their staffs from exploiting insider information discovered in the course of ...