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You are here News Congress Congress Refuses to Outlaw Insider Trading For Lawmakers

Congress Refuses to Outlaw Insider Trading For Lawmakers

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Even a cynic can find Washington's hypocrisy shocking at times. The Wall Street Journal reports today a House bill that would force lawmakers to make greater disclosures on financial transactions and disallow them from trading on nonpublic information is going nowhere fast.

That's right. Members of Congress are currently allowed to profit on insider trading!

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