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Spencer Bachus Is The First Congressmen To Be Hit By The New Insider Trading...

Foxes have been found guarding hen houses on Capitol Hill in the past, but ethics investigators now believe they have identified a particularly greedy one. Rep. Spencer Bachus, chair of the House...

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Is This Smart? Investor Tells WSJ: 'If I Knew Something, I Would Have Had A...

The SEC has been trying to determine if employees or executives from expert-network MedaCorp leaked insider information involving Cougar Biotech to J. Goldman & Co., according to today's Wall...

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UPDATE: SAC Capital Says It Is Not Being Investigated By Any Regulatory...

The SEC has been probing SAC Capital over trades one of its units made in Cougar ahead of the company's takeover by Johnson & Johnson for over a year, according to a report in the Wall Street...

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In Defense Of Insider Trading On Capitol Hill

Almost no one is willing to speak up in defense of lawmakers trading stocks based on knowledge of non-public information about public policy.It seems to bring together two things most people loathe:...

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Rick Perry Seems To Have Forgotten His Long History Of Cronyism

Newly — and fiercely — critical of using public office for personal financial gain, Gov. Rick Perry this week unveiled a campaign ad demanding that lawmakers who use “insider knowledge to profit in the...

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The Most Stunning Thing About This Congress Scandal Is That It Is Nothing New

Are Americans finally so disgusted by Congress that they will rise up and smack them?  Governor Rick Perry thinks so.  Hoping to tap into voter frustration and to put his notable gaffes behind him,...

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CONGRESS INSIDER TRADING: Here's How The Kerrys Made Bank On Obamacare

Washington is up in arms this week over Throw Them All Out, Peter Schweizer's explosive new expose, which pulls back the curtain on the appalling frequency of 'legal' insider trading in Congress.By...

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Congressman At Center Of Insider Trading Scandal Denies Accusations

Rep. Spencer Bachus (R-AL) is denying claims raised in a new book and a '60 Minutes' report that he engaged in insider trades using information he obtained in his position as the Ranking Member of the...

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John Kerry: Insider Trading Accusations Are 'Unequivocally False'

U.S. Senator John Kerry is pushing back hard against a new book accusing him of engaging in so-called Congressional insider trading, using his powerful position in the Senate to reap huge financial...

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Insider Trading Crusader Scott Brown Only Wants To Ban SOME Congressional...

Massachusetts Senator Scott Brown emerged as Washington's latest anti-corruption crusader this week, introducing a new bill that would put a stop to the apparently rampant insider trading by members of...

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Lieberman Says SEC Can Prosecute Congressional Insider Trading

In an interview with Fox News this morning, Sen. Joe Lieberman (I-CT) said that the Securities & Exchange Commission believes that under existing law they can prosecute lawmakers who trade on...

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Here's The SEC's Statement On Why It Can Prosecute Members Of Congress, But...

Last month,'60 Minutes' blew open allegations of long-standing insider trading practices by members of Congress, sparking a national debate about lawmakers getting rich off the people they serve.The...

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House Committee Cancels Vote On Insider Trading Bill After Leadership Flips Out

The House Financial Services Committee canceled a scheduled "mark-up" of a bill to ban congressional insider trading last night, amid concerns that the committee's chairman, Spencer Bachus, was moving...

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IT'S NOT DEAD: Congress Takes First Major Step Toward Banning Lawmaker...

The Senate Homeland Security and Governmental Affairs Committee voted on Wednesday to bring a bill banning members of Congress and their staffs from engaging in insider trading closer to passage.The...

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Cantor Says House GOP Will Push Insider Congressional Trading Ban Next Year

In an interview with 60 Minutes' Lesley Stahl, House Majority Leader Eric Cantor pledged to move forward with a bill banning congressional insider trading early next year."We wanna make sure that the...

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The Senate Could Outlaw Congressional Insider Trading This Week

WASHINGTON (AP) — A recent poll indicates that a majority of Americans favor dumping every member of Congress. Now, the Senate is trying to restore a measure of trust by passing legislation to ban...

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The Bill On Insider Trading Moves To The White House

The Senate on Thursday sent the White House a bill to explicitly ban members of Congress, the president and thousands of other federal workers from profiting from nonpublic information learned on the...

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Traders, The FBI Is Watching You Tweet

(Reuters) - The FBI sees social media as a potential breeding ground for securities fraud, and has agents scouring Twitter and Facebook for tips, according to two top agents overseeing a long-running...

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A Former SAC Analyst Told The Feds He Was Pressured To Get Inside Information

Another SAC Capital alum is talking to the feds.According to the WSJ, former SAC Capital analyst Jon Horvath says he was pressured by his superiors at the firm to get inside information on technology...

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Here's The 46-Page White Paper Steve Cohen Gave To SAC Employees Yesterday...

Steve Cohen's Court date has been set for August 26th, but before he defends himself against the SEC, he defended himself to his employees at SAC Capital yesterday.On Friday the SEC charged him with...

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