Loopholes in Legislation: A Stock Trading Ban Falls Short The latest attempt at reforming Congressional stock trading has hit a roadblock in the Senate due to concerns over "loopholes" and unrelated voting restrictions.
At issue is the House passed "Stop Insider Trading Act," which would impose new restrictions on lawmakers' ability to trade individual stocks while allowing them to maintain existing portfolios.
Critics argue that this legislation falls short of addressing the problem, which has sparked public outcry in recent years. Sen.