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.
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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.
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