Category → Insider trading
December 8th, 2011
Capitol Hill to crack down on insider trading
Robert Khuzami is the director of the Division of Enforcement of the U.S. Securities and Exchange Commission .
Legislators in both houses are considering tightening rules on lawmakers’ and congressional aides’ stock trading activities in an effort to restore faith in Congress. They are particularly interested in making insider trading unlawful. The practice involves buying or selling stocks after receiving information which has the potential to affect stock prices but which is not yet available to the general public.
By The Daily Voter • Posted in '60 minutes', Blind trusts, CBS, Congress, Congressional aides, Democrats, House Financial Services Committee, House of Representatives, Insider trading, Lawmakers, Legislators, Republicans, Robert Khuzami, Sean Duffy, Securities and Exchange Commission, Senators, Wall Street Journal • No Comment