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“President Obama signed a law that gutted the reporting requirements originally included in the Stop Trading on Congressional Knowledge (STOCK) Act. Before these changes were made the STOCK Act required congressional staffers to disclose their finances to the public to help ensure they were not engaging in corrupt practices. But on second thought, President Obama and Congress decided that congressional staffers should be able to escape transparency.  Unanimous consent, no one wanted to put their name down as openly supporting corruption while supporting corruption. And now President Obama has signed the bill guaranteeing a more corrupt Washington.”

http://news.firedoglake.com/2013/04/16/obama-signs-law-gutting-insider-trading-regulations-for-congress/