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  • The Insider Trading Proscriptions Act of 1987

The Insider Trading Proscriptions Act of 1987

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Excerpt from The Insider Trading Proscriptions Act of 1987: Hearing Before the Subcommittee on Securities of the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundredth Congress, First Session, on S. 1380, To Amend the Securities Exchange Act of 1934 to Prohibit Certain TradingI will prepare a letter today from the subcommittee and mem bers of the full committee to the appropriate parties indicating some sense of urgency about the critical needs of the sec at this time.I think investor confidence and psychology and the safety and soundness of the markets are very much related to our ability to do this job properly. So I will draft such a letter and I hope my col leagues will join me in signing it. It's not as if you're asking for money that you're not earning. You're earning the money fully and, as a matter of fact, you're returning extra money to the Treas ury.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.
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