Jim Himes actually said...

Mr. Himes' bill would set out a statutory definition of insider trading and would also reverse the harmful U.S. v. Newman court decision fro...

We need to fix this and we need to have a more vibrant capital market structure so that small businesses and everyday investors can succeed.

My bill would address this problem by simply prohibiting executives from trading during this 4-day gap.

This is a question of making sure that the activity that we all agree should be illegal, is in fact illegal.