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Insider trading law gutted by Congress

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When you get a minute, call your member of Congress and ask how he/she originally voted on the Stock Act. As a quick reminder, this is a law that finally prohibited members of Congress and their staff members from profiting on inside information. It was a long time coming, and it passed just a few months ago.

Not surprisingly, the Obama administration and Congress turned around and quietly gutted the new law just a few weeks back. Support for the changes and “exceptions” was even bipartisan. And who says Congress can’t get anything done?

Gary Brown

Cape Vincent

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