MarketFoolery: 01.31.2012
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 31 January 2012
⏱️ 12 minutes
🧾️ Download transcript
Summary
The U.S. Senate debates legislation that would make it illegal for members of Congress to trade stocks and bonds using nonpublic information. On today's show, we take stock in the STOCK Act.
Transcript
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| 0:00.0 | It's Tuesday, January 31st, and this is Market Fullry. |
| 0:05.0 | I'm Chris Hill and we're going to do something a little different today. |
| 0:08.0 | Normally this is the point where I introduce the analysts and advisors from various Motley Fool services, |
| 0:12.0 | but joining me in studio today instead. analysts and advisors from various monthly full services. |
| 0:12.6 | But joining me in studio today, instead, |
| 0:15.8 | Chief Editor-in-Chief at fool.com, Brian Richards, |
| 0:19.3 | and our chief legal officer, Lawrence Greenberg. |
| 0:21.2 | Gentlemen, good to see you. |
| 0:22.4 | Thanks for being here. |
| 0:24.3 | We're here because we're going to talk about the Stock Act. |
| 0:28.9 | Long-time listeners know that we don't really |
| 0:32.1 | get involved in politics here at the Motley Fool. |
| 0:34.6 | That's not what we do. |
| 0:35.2 | We're all about investors, but every once in a while, when we feel like it is in the |
| 0:39.9 | interest of individual investors, we do sort of dip our toe in the political waters. We did this, |
| 0:45.2 | Lawrence, over a decade ago with regulation FD and helping to get that passed to ensure that |
| 0:52.0 | there's fair disclosure for all investors, not just the big Wall Street |
| 0:55.7 | firms. |
| 0:56.7 | And now we have the Stock Act, which Brian, we have a series of articles right on our main |
| 1:01.6 | page of fool.com. |
| 1:03.4 | For those who don't know, the Stock Act stands for stop trading on congressional knowledge. |
| 1:10.6 | This is being debated in debated. Right now. |
... |
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