US Congress to adopt 'insider trading' ban

Legislation would forbid politicians from using information from government meetings to play stock markets.

    A bill first put forward five years ago to stop United States politicians from trading inside information is closer to becoming law.

    Congress is looking at a new, tougher law to block senators and its members from using information picked up in committees, reports and briefings to play the stock market – essentially insider trading.

    Data shows that nearly 1,536 members of Congress outperform the stock market by about six to 10 per cent on a regular basis. But that may soon be a thing of the past.

    Al Jazeera's Alan Fisher reports from Washington.


    YOU MIGHT ALSO LIKE

    The woman who cleans up after 'lonely deaths' in Japan

    The woman who cleans up after 'lonely deaths' in Japan

    When somebody dies lonely and alone, Miyu Kojima steps in to clean their home and organise the mementos of their life.

    Putin and the 'triumph of Christianity' in Russia

    Putin and the 'triumph of Christianity' in Russia

    The rise of the Orthodox Church in Russia appears unstoppable, write filmmakers Glen Ellis and Viktoryia Kolchyna who went to investigate the close ties between the church and Putin.

    The chill effect: Is India's media running scared?

    The chill effect: Is India's media running scared?

    Much of India's media spurns a scoop about the son of PM Modi's right-hand man. Plus, NFL as platform for race politics.