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Stop Insider Trading Act bill blocked by Senate Democrats

The US Senate on Wednesday blocked legislation placing new restrictions on stock trading by members of Congress, as Democrats refused to provide enough votes to advance the measure toward passage, arguing that it falls short of a full ban.

Sources (1)· Sep 30, 5:04 PM

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‘Stop Insider Trading Act’ gets approval from U.S. House, heads to SenateCOLUMBIA, Mo. (KMIZ) The “Stop Insider Trading Act” was passed by the U.S. House of Representatives on Wednesday. House Resolution 7008 – which includes Missouri Republican Reps. Mark Alford and Ann Wagner on the long list of cosponsors – would ban members of Congress, their spouses and their dependent child from buying publicly traded stocks.