Washington, DC— Today, the House of Representatives passed Congressman Jim Himes’ (CT-04) Insider Trading Prohibition Act (HR 2655) as part of larger package of bills with bipartisan support. Last Congress, the bill passed by a vote of 410-13. The bill establishes a clear, statutory prohibition on insider trading. Corporate insiders who wrongfully obtain inside information and misuse it weaken the fairness, integrity, and safety of our nation’s capital markets. “At a moment when bipartisan cooperation is scarce, this landmark legislation’s passage proves collaboration across the aisle for the public interest is still possible,” said Himes. “The bill’s strong bipartisan support is thanks to years of work incorporating ideas and input from regulatory agencies, legal experts, and my colleagues on both sides of the aisle. The resulting bill makes it clear that if you break the rules to profit from the markets,…
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