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http://www.cnn.com/2012/08/02/politics/stock-act-loophole/
Congress closes loophole in stock trading law after CNN report
Updated 7:57 PM ET, Fri August 3, 2012
House Republicans have been forced to close a potential loophole on their much-touted insider trading law -- a loophole CNN uncovered and reported about last month.
Because of CNN's report, the Senate and House passed new legislation Thursday to close the loophole that could have allowed family members of some lawmakers to profit from inside information.
Senators who were critical of the loophole after it was unearthed applauded the fix.
The STOCK Act, one of the rare bipartisan bills passed this year, was signed by President Barack Obama in April.
I knew that.
But Obama and the #DirtyDems then quietly repealed and weakened a lot of it in 2013. The original bill was pretty much window dressing.
