|08-04-2012, 01:04 AM||#1|
Join Date: Jul 2012
Favorites: APL, WMT, MCD
Rep Power: 19
STOCK Act: Loophole closed
Now a congressman, if buys or sells share worth more than $1,000, has to report. However, there was a loophole. The congressmen could tell their families and they could buy (or sell) the stocks without reporting anything.
Now, the congress has acted after media reports and now the loop hole is closed. The family members are also bound to report like the congressmen.
Let's welcome the family members of congressmen to the fair playing ground!
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