House Passes Ban On Congressional Insider Trading

Law360, New York (February 9, 2012, 12:53 PM EST) -- The U.S. House of Representatives on Thursday overwhelmingly approved an ethics reform bill that would bar lawmakers, top aides and executive branch officials from using inside information obtained through their political positions to make personal stock trades.

Representatives voted 417-2 to pass their version of the popular measure, but only after they had removed several key provisions from a companion Senate bill that easily won approval last week, setting up a conference battle between the legislative bodies. Only Reps. John Campell, R-Calif., and Rob Woodall, R-Ga.,...
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