.@AC360 Video – Congress Closes STOCK Act Loophole After @DanaBashCNN &@deirdrewalshcnn Report

In April, President Barack Obama signed a bill that would ban insider trading on Capitol Hill. The measure, known as the STOCK Act, had passed the House and Senate at warp speed. But CNN’s Dana Bash and Deirdre Walsh uncovered that the law that members of Congress thought they voted for earlier this year isn’t exactly as advertised. A loophole could still allow family members of some lawmakers to profit from inside information.

Following Bash’s exclusive report a few weeks ago, the U.S. House of representatives changed the stock reporting requirements today for families of lawmakers.