General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSen. Sherrod Brown has sold his stocks, and wants colleagues to sell, too
Wednesday, February 01, 2012, 4:23 PM
WASHINGTON, D.C. -- The U.S. Senate is preparing to vote this week on a bill that would expressly prohibit lawmakers and their staffs from using "nonpublic information," gained through their official duties, for their personal benefit.
It would end what lawmakers say is confusion about when and whether existing insider-trading laws apply to them.
Can well-educated (and wealthy, for the most part) leaders really be confused about right, wrong and breaking the law?
Well, considering that Congress is even considering this, Ohio Democratic U.S. Sen. Sherrod Brown says the Senate should go a step further. Brown and Oregon Democratic Sen. Jeff Merkley are pushing an amendment to prohibit senators from even owning individual stocks.
http://www.cleveland.com/open/index.ssf/2012/02/sen_sherrod_brown_has_sold_his.html
monmouth
(21,078 posts)They are privvy to all sorts of information and I trust none of them..
GoCubsGo
(32,083 posts)limpyhobbler
(8,244 posts)Joe Shlabotnik
(5,604 posts)ProSense
(116,464 posts)YEAs ---26
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