Posts Tagged ‘Insider trading’

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STOCK Act Sails Through House

By Benny Martinez on February 9, 2012

A House version of the Stop Trading on Congressional Knowledge (STOCK) Act sailed through the lower chamber Thursday in a 417-2 vote, setting the stage for another conference between the House and Senate.

House Nearing Vote On Strengthened STOCK Act

By Benny Martinez on February 8, 2012

Prior to voting on a Senate-passed version of the STOCK Act, House Majority Leader Eric Cantor (R-Va.) announced that the lower chamber will be considering a “strengthened” version of the bill set to put an end to congressional insider trading. “It is unacceptable for any member of Congress, federal official…

UPDATE: STOCK Act Sails Through Senate

By Staff on February 2, 2012

The Senate voted 96-3 Thursday evening in favor of the STOCK  Act. Afterwards, President Obama released a statement congratulating Senators on their work: “I’m pleased the Senate took bipartisan action to pass the STOCK Act,” he said. “I urge the House of Representatives to pass this bill, and I will…

Senate Trio Worried Amendments Will Smother STOCK Act

By Benny Martinez on January 31, 2012

A bipartisan group of senators expressed optimism Tuesday that the STOCK Act could sail through the upper chamber, but remained wary that the bill aimed at ending congressional insider trading could potentially be “killed by kindness” and “smothered with too many amendments.”

By a Vote of 93- 2, STOCK Act Advances to Senate Floor

By Deanna Gillen on January 30, 2012

Senators Kirsten Gillibrand (D-NY), Debbie Stabenow (D-MI) and Jon Tester (D-MT) led a phone conference Monday regarding the STOCK (Stop Trading on Congressional Knowledge) Act, first introduced on November 15, 2011, and was voted by a rare bipartison procedural vote of 93-2, later that afternoon. Personally endorsed by President Obama…