Wednesday, May 29, 2013
"Congress Quietly Repeals Insider Trading Ban"
So, do you think they didn't want anyone to know about this?...
I found this posted at LibertyCrier.com:
"Both parties and both houses of Congress hated the disclosure portion of the law so much that it was repealed last Friday (4/12/13) without debate—the measure was sent to the President by unanimous consent. The ordeal took about 10 seconds in the Senate and 14 seconds in the House, according to official records. The STOCK Act would have required members of Congress, their aides, and other federal employees making more than $119,554 a year to disclose their financial dealings in an online database. It was supposed to prevent government officials from using insider knowledge about policy-making to profit from stock trades and other investments."
