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Congressional Insider Trading Law Challenged By ACLU, Other Groups

Thursday, August 2, 2012

WN.com - Politics News
Latest headlines from WN Network
Congressional Insider Trading Law Challenged By ACLU, Other Groups
Aug 3rd 2012, 01:25

McLEAN, Va. -- A new law designed to stop insider trading by members of Congress and nearly 30,000 federal workers is facing a constitutional challenge from the American Civil Liberties Union and other groups. The ACLU filed a lawsuit Thursday in U.S. District Court in Greenbelt, Md. It says the law's requirement that federal workers disclose financial transactions greater than $1,000 is an unconstitutional invasion of privacy and subjects those workers to a real fear of identity theft....
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