Prof. Bainbridge: Time to Ban Insider Trading by Congress

Noted law professor Stephen Bainbridge has written a new paper (available for download here) entitled “The Stop Trading on Congressional Knowledge Act” in which he takes a hard look at an issue that we have discussed here recently, as well: whether members of Congress can be held liable for trading on the basis of material nonpublic information.  Full details are available in this post on my Enforcement Action blog over at Compliance Week.