With no debate and very little fanfare, Congress quietly rolled back a big part of the law against Insider Trading. Specifically the part that required staffers to post disclosures about their financial transactions, so that the public could make sure there was no insider trading going on. Congress tried to cover up this fairly significant change because they, themselves, claimed that it would pose a “national risk” to have this information public. A national risk to their bank accounts.

The change to the STOCK Act was then happily signed by Barack Obama, symbolizing a bipartisan victory for government corruption.

 

 

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