An online petition to ban congressional insider trading has collected 4,488 online signatures.
The petition was started by Rick Smith, a financial writer for the popular investing website The Motley Fool.
For years, Mr. Smith has been championing legislation that would stop members of Congress from profiting off of private information. Given the head of steam his online petition supporting the STOCK (Stop Trading On Congressional Knowledge) Act appears to be gathering, that’s a message that’s beginning to break through.
Even if the STOCK Act or similar bills on the issue pass, Mr. Smith thinks members of
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