When news stories began coming out about insider trading in Congress, many people were infuriated. Normal business people found to be guilty of insider trading face harsh penalties, so why should members of Congress not face the same? In response to public outrage, Congress passed the Stop Trading on Congressional Knowledge Act (STOCK).
The STOCK Act, in various versions, has been proposed multiple times over the years. Until now, though, members of Congress have managed to avoid applying securities… [read post