Thursday, November 17, 2011


New York's very own Senator Kirsten Gillibrand has submitted a bill that would address the issue of insider trading. Insider trading by members of Congress anyway. The act is already illegal for everyone else though we rarely hear about the frequent cases that occur everyday.
This bill, should it survive the process and become law, would enable the SEC, Securities Exchange Commission, to prosecute our state and federal elected and appointed officials for insider-trading cases as well as make insider trading against the rules of the House and the Senate.
Who, if any of us, have faith in Congress to police itself? Yeah, I didn't think so.  As you can watch in the video above, Kirsten told Chris Wagge from the CBS Early Show that “it’s incumbent upon us to make the kinds of changes that the American people would expect we would make so that we live by the exact same exact rules that everyone else does. While there is disclosure now, it has to be illegal, just like it’s illegal for everyone else.”


Anonymous said...

Kirsten's STOCK Act is gaining traction. Even Marco Rubio of Florida has jumped on. Lets see where this one goes.

Anonymous said...

Equal protection under the law. What's good for the goose is good for the gander.

Anonymous said...

She did? When did she become a DENTIST and when were the FALSIES put in?

a stickler for spelling correctly. said...

show some respect, MM,

it is spelled WRAGGE,,, NOT ---Kirsten told Chris Wagge from the CBS Early Show