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Following last month's 60 Minutes expose on insider trading by Congress, the House Financial Service Committee Act is holding a mark-up this morning of the STOCK Act, which seeks to end the practice of members of Congress trading stocks based on nonpublic information. Under current law, insider trading laws are hardly ever enforced for members of Congress, and we've known for some time that members' investments consistently outperform the market by a significant amount. Legislation to stop congressional insider trading has been pending in the House and Senate for 6 years, and only now is the bill starting to move forward.

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