Panic On Wall Street As Anti-Insider Trading Bill Spreads Wider Net Over Information Peddling

Senator Chuck Grassley put a clause back into the Senate's anti-insider trader law that requires financial analysts who meet with Congressmen and their staffs to register their meetings.

The purpose of this clause is to bring transparency to the information peddling that represents a lucrative business for hedge funds and banks that trade on insider information from the Congressmen themselves.