Easier For Top Federal Employees To Inside Trade
Stock Act Change Just Quietly Made It Easier For Top Federal Employees To Inside Trade
Who says nothing ever gets done in Washington? Swiftly and without fanfare, Congress and President Obama have made it easier for top federal employees to trade on inside information.
On Monday, Obama signed into a law a change in the Stop Trading On Congressional Knowledge, or STOCK Act, which was passed in 2012. The change, which was approved unanimously by Congress last week, means that top federal employees, including staffers on Capital Hill and in the White House, will not have to publicly disclose their financial holdings online. That requirement was part of the original STOCK Act, but its implementation had been delayed again and again by Congress. And now it's dead.
"President Barack Obama signs the STOCK Act with members of Congress on April 4, 2012. A year later, an important change to the STOCK Act was made much more quietly"
http://www.huffingtonpost.com/2013/04/1 … 00115.html
When will we stand up to government corruption?
Can government violate the laws they impose on us?
Yes they can!What can be more corrupt than our elected officials having the ability to vote on laws that will benefit themselves financially! With no need to disclose this information to the people!
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