Wednesday, March 29, 2006

Financial Rounds: Insider Trading By Lawmakers (via WSJ)

The Unknown Professor reports on the WSJ piece that has legislators actually including themselves in a new law that would strengthen insider trading laws!

Financial Rounds: Insider Trading By Lawmakers (via WSJ):
"Lawmakers are once again considering strengthening insider trading laws. However, in a twist, this time the laws wouldn't apply to corporate executives or securities brokers, but to the legislators themselves! According to Tuesday's Wall Street Journal:"
If you remember, this topic spurred some controversy in the past so I may just not mention any of the literature that finds Senators (and maybe other legislatures) beating the market. ;)

No comments: