IPFS News Link • Legislative Mischief
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IPFS News Link • Legislative Mischief
At least seventy-two Congressional staffers traded stock shares of
companies their bosses were involved with overseeing and writing laws
for in 2008 and 2009, a Wall Street Journal investigation found Monday.
Although the aides in question denied that they were involved with
unethical activity, their positions afford them access to information
that individuals who are trading could profit from. “Even if they had
done so,” the Journal notes, “it would be legal, because
insider-trading laws don't apply to Congress.”
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