The House trying to pull a fast one on Insider Trading Bill

One of the few good bills that got passed in April – with bipartisan support has a major flaw. For some reason, Eric Cantor and his Republican flock decided to “unintentionally” move the requirements that the bill also apply to spouse and children, to another section. This “unintentional” move legally excludes spouses and children of Congressional members from having to report insider trades they make. fast payout loans The purpose of this bill was to prevent members of Congress and their family and staff from purchasing stock based on inside information – such as upcoming legislation that may affect stock prices of certain companies. Up until now, members of Congress could sit on a committee and make decisions that will affect a company or industry, and rush out and buy or sell that stock before the actual bill gets passed or denied – knowing in advance how it would be

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