Stiffer Insider-Trading Rules for Lawmakers Debated
reports, wire, Tribune-Review/Pittsburgh Tribune-Review
WASHINGTON -- A group of senators on Thursday argued that existing insider-trading regulations applying to lawmakers and other federal employees are too weak, and they considered legislation that they believed would impose stiffer restrictions.
"There ought to be a law that explicitly deters such unethical, illegal behavior by members of Congress and punishes it when it happens," said Sen. Joseph Lieberman, an independent from Connecticut, at a hearing examining how insider-trading laws apply to lawmakers and legislation seeking to limit insider trading by members of Congress.
The hearing happened after CBS's "60 Minutes" reported details about alleged insider …
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Publication information: Article title: Stiffer Insider-Trading Rules for Lawmakers Debated. Contributors: reports, wire - Author. Newspaper title: Tribune-Review/Pittsburgh Tribune-Review. Publication date: December 2, 2011. Page number: Not available. © 2009 Tribune-Review/Pittsburgh Tribune-Review. Provided by ProQuest LLC. All Rights Reserved.
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