Senate passes insider trading bill
February 2nd, 2012
06:25 PM ET
2 years ago

Senate passes insider trading bill

Washington (CNN) - Aiming to restore voters' faith in Congress, the Senate overwhelmingly approved a bill Thursday that makes clear it's illegal for members of Congress, their staffs and many executive-branch employees to trade stocks and other securities based on inside information learned on the job.

The Stop Trading on Congressional Knowledge (STOCK) Act, which President Barack Obama has urged Congress to approve, passed 96 to 3.

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Filed under: Congress • Senate
soundoff (5 Responses)
  1. Whatever

    Well now WHAT A SURPRISE!!!!! WONDERFUL.. now let's see of Boehner can get the rebels to go along with it!!!!

    February 2, 2012 06:26 pm at 6:26 pm |
  2. diridi

    Congress it is your turn to pass this bill and include all Senators, and Congressmen. This is nation's fix too...do not be derisive. o.k, Give importance to USA, pass this. Obama will sign. Obama2012.

    February 2, 2012 07:10 pm at 7:10 pm |
  3. lisa harper

    THANK GOD

    February 2, 2012 07:22 pm at 7:22 pm |
  4. george of the jungle

    ok all you repos let's see if you will pass this? Another example of how the repos want a fair playing field.

    February 2, 2012 07:29 pm at 7:29 pm |
  5. The GOP opens mouth and inserts foot

    It was ALREADY illegal for anyone to do insider trading. If these elected officials were doing that, then arrest them, try them and put them in jail. How many people did they do that to in the 80's on up?

    February 2, 2012 09:09 pm at 9:09 pm |