Elected officials like Pelosi are exempt from insider trading laws – regulations that carry hefty prison sentences and fines for any other citizen who trades stocks with private information on companies that can affect their stock price.
In a piece relying on data collected from the conservative Hoover Institution, "60 Minutes" revealed that elected officials like Pelosi are exempt from insider trading laws – regulations that carry hefty prison sentences and fines for any other citizen who trades stocks with private information on companies that can affect their stock price.
In the case of elected officials – this secret information ranges from timely details on lucrative federal contracts to legislation that can cause companies’ stocks to rise and fall dramatically.
… Insider trading on the stock market. If you are a member of Congress, those laws are deemed not to apply.
How do they get away with it? Lawmakers have exempted themselves from the laws that govern every other citizen......
including obamacare!....... http://www.newsmax.com/InsideCover/pelosi-stock-insider-60minutes/2011/11/13/id/417848
Update from congressional Hearings.......