Senate passes insider trading ban
By LARRY MARGASAK
WASHINGTON (AP) — 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.
The 96-3 vote sent the bill to the House, where Majority Leader Eric Cantor said the legislation would be considered next week.