[classicman]

Originally Posted by Stormiewather

How about preventing insider trading by our lawmakers?
How about preventing lawmakers from actively voting on laws from which they personally will benefit?

STOCK Act passes in House

The House of Representatives on Thursday approved a bill that would prevent members of Congress from financial market trading based on nonpublic information they have obtained in the course of their congressional work.

The bill, which was approved 417 to 2, is similar to a bill approved last week by the Senate, but does not include a provision regulating those in the financial information business.

House Majority Leader Eric Cantor stripped a provision requiring those that collect financial information and sell it to Wall Street to register the same way lobbyists do. The House legislation does include a provision that would extend the new regulations to include the executive branch as well.

The bill may now head to a special committee of lawmakers tasked with reconciling the differences between the House and Senate bill. Alternately, the Senate could take up the House-passed version of the bill and make changes before sending the bill to Mr. Obama for his signature.

CBS