This only means that politicians will trade "indirectly" with inside information from now on.
Senate Passes Insider Trading Ban for Members of Congress
The Senate approved a bill on Thursday aimed at preventing lawmakers from trading on information to which they are privy because of their positions as lawmakers. The Stop Trading on Congressional Knowledge (STOCK) Act would require members of Congress, as well as more than 300,000 other federal employees from secretaries to drivers, to file electronic disclosures of their stock trades within 30 days of the transactions. The Democrat-led Senate passed the bill in a 96-3 vote on strong bipartisan support. However, they passed more than simply an insider-trading bill, as the measure, which seemed bound for quick ... (full story)