Obama Signs Congressional Insider Trading Ban
Wack, Kevin, American Banker
Byline: Kevin Wack
WASHINGTON a President Obama signed legislation Wednesday that bars insider trading by members of Congress and creates new financial disclosure requirements for thousands of executive branch employees.
Obama hailed the bipartisan measure as a step toward showing that members of Congress play by the same rules as everyone else, but he also said that more needs to be done.
"We were sent here to serve the American people and look out for their interests, not to look out for our own interests," Obama said in remarks at the White House. "So I'm very proud to sign this bill into law."
"There's obviously more that we can do to close …
The rest of this article is only available to active members of Questia
Sign up now for a free, 1-day trial and receive full access to:
- Questia's entire collection
- Automatic bibliography creation
- More helpful research tools like notes, citations, and highlights
- Ad-free environment
Already a member? Log in now.
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information:
Article title: Obama Signs Congressional Insider Trading Ban.
Contributors: Wack, Kevin - Author.
Magazine title: American Banker.
Volume: 177.
Issue: 53
Publication date: April 5, 2012.
Page number: Not available.
© 2009 SourceMedia, Inc.
COPYRIGHT 2012 Gale Group.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
One moment ...
- Georgia
- Arial
- Times New Roman
- Verdana
- Courier/monospaced
Reset