Ohio’s U.S. Senators Supporting STOCK Act
Feb 2, 2012
Ohio’s two U.S. senators are both supporting legislation that would prevent members of Congress and employees from profiting from knowledge they have gained from behind closed doors.
The idea is to prevent insider stock trading based on information often obtained from a variety of sources before the information is made public.
The Stop Trading on Congressional Knowledge or STOCK Act was voted on in a U.S. Senate committee Monday and is expected to come to a full vote soon.
…
U.S. Sen. Sherrod Brown, D-Ohio, supports the measure and plans to offer an amendment to take it one step further for senators.
Members of the Senate and their staff would be required to divest themselves of any individual stock holdings or put them in a blind trust.