Lawmaker Proposes Bipartisan Insider-Trading Ban

WSJ – A House lawmaker whose Connecticut district is home to one of the highest concentrations of hedge funds introduced bipartisan legislation Wednesday that would ban insider trading, taking aim at a financial crime that has tripped up some of his own constituents.

Rep. Jim Himes, a Democrat whose congressional district includes clusters of hedge funds in towns like Greenwich and Stamford, introduced a bill to explicitly ban trading on material, nonpublic information.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply