The US House of Representatives has passed new legislation aimed at regulating how lawmakers use insider information when trading stocks. The bill seeks to impose stricter rules on members of Congress to prevent abuses related to insider trading.
However, Senator Elizabeth Warren expressed skepticism about the bill’s effectiveness. According to CoinTelegraph, she stated that the legislation "won’t solve the problem" of insider trading in Congress, as lawmakers will still be permitted to own and sell stocks, potentially allowing conflicts of interest to persist.
This development is closely watched by investors globally, including in Japan, where regulatory approaches to insider trading continue to influence market confidence and trading practices.