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STOCK Act: House Considering Insider Trading Bill After Senate Passage
WASHINGTON -- With members of Congress convinced their political survival depends on their image, the House is wasting no time in considering a Senate-passed bill that would ban insider trading by lawmakers and thousands of executive branch officials. Stock trades would have to be posted online within 30 days.
Read more...Facebook Stock To Begin Trading In May
This past week, Facebook made its first move toward becoming a public company. The 'FB' stock could begin trading in May, and some are wondering if they should get in on the action.
Read more...Senate Passes Ban on Insider Trading
The ban on insider trading in Congress is moving along legislatively. The Stop Trading on Congressional Knowledge (STOCK) Act passed has passed in the Senate this evening by a vote of 96-3. Sens. Jeff Bingaman, D-N.M., Richard Burr, R-N.C., and Tom Coburn, R-Okla., voted against...
Read more...AVG shares sink in IPO trading
Shares of AVG Technologies N.V., a Dutch maker of antivirus and security software, sank Thursday in their first day of trading on the New York Stock Exchange.
Read more...Senate passes insider trading ban
Sagging approval ratings brought Democrats and Republicans together Thursday, as the Senate passed a bill to explicitly prevent members of Congress, their top aides and administration officials from using non-public information for insider trading. New disclosure requirements will require public reports online within 30 days of buying and selling stock.
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