Ang pagdinig ng Senado ngayon sa batas na harangin ang insider stock trading ng mga miyembro ng Kongreso at ng kanilang mga kawani ay nagbibigay sa mga mambabatas kung ano ang dapat na isang malugod na pagkakataon na magtulungan sa ngalan ng isang simple at nakabubuo na reporma.<\/p>
\"Members of Congress and their staffs should not be permitted to profit from their access to business information that is unavailable to other investors and the general public,\" said Common Cause President Bob Edgar. \"Common Cause urges quick action on the Stop Trading on Congressional Knowledge (STOCK) Act.\"<\/p>
Ipinakilala nina Sens. Kirsten Gillibrand, (D-NY), at Scott Brown, (R-MA), ang STOCK Act ay nilayon na linawin na ang Kongreso ay napapailalim sa parehong mga batas na naghihigpit sa insider trading ng mga executive at empleyado ng negosyo. Ang batas ay naka-iskedyul para sa isang markup session ngayon sa Senate Committee on Homeland Security at Government Affairs.<\/p>
Current law defines \"insider trading\" as the buying or selling of securities or commodities based on non-public information in violation of confidentiality - either to the issuing company or the source of the information. Because Congressional officials and employees sometimes obtain such information as part of their official duties, it is often argued that they are not required to keep it confidential and thus are not liable for insider trading.<\/p>
Support for the legislation picked up steam in recent weeks after the CBS news program \"60 Minutes\" aired a report detailing stock trades by prominent members of Congress including House Speaker John Boehner and Democratic leader Nancy Pelosi. Both denied any wrongdoing. <\/p>
A letter sent to senators today by Common Cause, the Campaign Legal Center, Democracy 21, Public Citizen, the Sunlight Foundation and US PIRG argues that the proposed bill would \"provide a clear and balanced application of the laws\" and should be passed \"before any new scandals may arise.\"<\/p>"}}]},"yoast_head":"\n