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HomeSense on Cents Calls Out Congress to Pass H.R. 1148 Outlawing Congressional Insider Trading
Posted by Larry Doyle on November 14th, 2011 5:23 PM |
Why does it take an expose on 60 Minutes to create a stir in Washington on legislation which never should have to be written if our Congressmen had some principles and a conscience?
Well, perhaps basic values and principles are too too much to ask or expect of those in Congress. So how might we get Congress to move forward on H.R. 1148: Stop Trading on Congressional Knowledge Act?
What does this act do? It’s quite simple.
To prohibit commodities and securities trading based on nonpublic information relating to Congress, to require additional reporting by members and employees of Congress of securities transactions, and for other purposes.
How might we get the louts in Washington who have shelved this initiative whenever it has come up to move forward on it? (more…)
