You are here: Home > Louise M. Slaughter
Tag Archives: Louise M. Slaughter

Stop Trading on Congressional Knowledge Act

on March 30, 2009 in Compliance Programs

How can you beat the stock market? Become a member of Congress and trade on legislative actions! You might think that a member of Congress would be prohibited from trading on non-public information that they obtain through their official position. You might be  wrong. Members of Congress and their staff  do not owe any “duty [...]

Read full story • Comments { 2 }

Insider Trading by Congress

on January 29, 2009 in Insider Trading

Apparently members of Congress and their staff can make trades using non-public information obtained through their official positions. House Rules Committee Chairwoman Louise M. Slaughter, D-N.Y., and Brian Baird , D-Wash., are sponsoring what they call the Stop Trading on Congressional Knowledge Act (HR 682) that would prohibit Members of Congress and their staffers from [...]

Read full story • Comments { 1 }