Wednesday, April 18, 2012

Hill insider trading bill signed

President Obama signed into law a bill strengthening the ban on insider trading by members of Congress and other government officials who might profit on private knowledge they gain from their work.

“We were sent here to serve the American people and look out for their interests, not to look out for our own interests,” Obama said at a signing ceremony in Washington, joined by Republican and Democratic members of Congress. “There is a deficit of trust between this city and the rest of the country.”

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