Federal Execs Blast Inclusion In Insider Trading Bill

Law360, New York (February 17, 2012, 5:25 PM EST) -- A group of career federal executives objected Thursday to their inclusion in an ethics reform and insider trading bill originally aimed at lawmakers, saying they should not be required to disclose their financial transactions in the same manner as elected officials.

The Senior Executives Association, which represents executive-level government employees in all federal agencies, wrote a letter to Senate leaders asking them to remove provisions of the Stop Trading on Congressional Knowledge Act of 2012 that would require its members to publicly report stock trades within...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.